Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Jul 06 - 06:12 AM
USD/JPY - Capped By Japanese Exporters, Option-Related Offers
First appeared on eFXplus on Jul 06 - 04:15 AM
  • Heavy still towards 111.00, above on Japan exporter, option-related offers
  • Spot likely to run out of steam, risks drop to 200-DMA nL1N1U2051
  • Large (928M) 110.50-60 NY cut expiries may exert magnetism nL1N1U205B
  • Spot has seen net selling on the EBS since June 27 according to TR T&S App
  • Means underlying IMM USD/JPY long speculative position may have been trimmed
  • Non-farm payrolls may not provoke strong reaction if positioning is neutral

IMM Yen Positions Chart: Click here

USD/JPY EBS Money Flow Chart: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About Us
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!