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Sep 14 - 04:55 PM

USD/JPY - Eying August Lows Into Fed, BOJ And Suga's PM Placement

By Randolph Donney  —  Sep 14 - 03:00 PM
  • USD/JPY sell stops run below last week's 105.785 low on EBS

  • Combo of dollar weakness & yen buying as Suga set for PM Wed nL4N2GB07X

  • Sixth day in seven with lower daily highs strengthen downtrend nL1N2GB0TU

  • Fed, BOJ meetings to cement collapse in Tsy-JGB yield spreads nL1N2GB0SV

  • The lower 21-day Bolli is nearby support at 105.44

  • August's 105.20/10 lows and major 105 expiries are the main range props

  • Key 55-DMA resistance to reinforce last week's 106.49 high tomorrow

  • Yen recovered nicely intraday on the crosses amid Brexit, political risks

    For more click on FXBUZ

Chart Click here

Refinitiv IFR Research/Market Commentary


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