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Dec 02 - 03:48 PM
USD/JPY - Dives From Highest Since May On Trade Woes, ISM Miss
First appeared on eFXplus on Dec 02 - 02:05 PM
  • USD/JPY's 109.73 high made in Asia on China, Japan PMI beats

  • Sold hard on Trump's steel tariffs, Dec. 15 tariff threat nL1N28C0OH

  • Prices probing below 109 daily tenkan, kijun's at 108.81

  • WH advisor says US-China trade deal this yr still possible nW1N26N00K

  • China rolling out retaliation for US bill backing Hong Kong rights

  • Key for USD/JPY is keeping S&Ps from an overdue correction below 21-DMA

  • Thick daily Cloud, mid-to-late Nov lows in 108.23-33 range are next props

  • Wednesday's ADP and non-mfg ISM are key pre-NFP Friday event risks

Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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