The US dollar has crashed a bit during the course of the trading session against the Japanese yen on Tuesday, reaching towards the 50 day EMA.
It’s a quiet day ahead on the economic calendar. U.S consumer confidence and core durable goods orders will draw attention later in the day, however.
The US dollar has initially dipped a bit during the trading session on Monday, but then rallied enough to show signs of life again. Ultimately, this is a market that will continue to move right along with risk appetite.