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Forex Today: Stocks Plummet, Japanese Yen Surges Risk Sentiment Deteriorates With Big Tech Selloff, S&P 500 Index Worst Day in Almost a Year, Asian Stocks Follow Sharply Lower; Bank of Canada Cuts Rates by 0.25%; USD/JPY, Silver Hit 2-Month Low; Indian Rupee Still Threatens Record Breakdown 
USD/JPY Forecast: Plunges Lower
In my daily analysis of the dollar against the yen, the first thing that comes to mind is that we not only broke down below the 155 yen level, but we have collapsed below it.Browse by Currency Pair
Daily Market Analysis
Weekly Forex Forecast – EUR/USD, USD/CHF, Gold, S&P 500 Index, NASDAQ 100 Index Last week, market sentiment was sour, and stocks fell quite strongly, especially in the USA. Analysts saw strong and heavy rotation following higher perceived odds of a Trump presidency, while the US dollar strengthened into an area of key resistance. 
At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.
Bank of Canada Lowers Interest Rates for a Second Consecutive Month
The Bank of Canada has cut rates by 25 basis points to 4.50%, but the Canadian dollar showed only a muted response to the rate cut. At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.
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