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Stock impact report

USD/JPY Forecast – US Dollar Finds Resilience [Yahoo! Finance]

BellRing Brands, Inc. (BRBR) 
Last bellring brands, inc. earnings: 2/6 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The US dollar initially fell during the trading session on Friday, but found enough support near the 50-Day EMA that it looks like we are going to attempt to turn around and take out the ¥150 level eventually. The last couple of days have been rather quiet, but that's not a huge surprise considering that Thursday was Thanksgiving, and of course Friday is typically a very quiet day in America as well. With that being the case, it's also worth noting that the ¥147.80 level has offered significant support, kicking off the recovery. Taking a look around the rest of the currency markets, it's clear that the Japanese yen is still a big loser, and most currencies are going to appreciate against it. With that being said, I think you get a situation where the market is going to continue to see a lot of noisy behavior, eventually pushing this market back to the highs again. The interest rate differential favors the US dollar still, despite the fact that rates have dropped a bit as of late. I Show less Read more
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