Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
May 11 - 12:12 AM
USD/JPY - Bid On Presumed Bargain-Hunting, Zooming Up
First appeared on eFXplus on May 10 - 08:55 PM
  • USD/JPY up from 109.30 post-CPI low, 109.38 early Asia to 109.57.
  • Recouping losses yesterday despite lower US yields, Nikkei up, supportive.
  • Pair moving from near base of hourly Ichi cloud towards top.
  • Hourly cloud 109.35-58, 100-HMA 109.35, 200-HMA 109.41, 55-HMA 109.56.
  • Tokyo fix Japanese importer demand, other buyers noted.
  • Upside likely capped around 110.00, 110.02 high yesterday, 110.05 May 2.

USD/JPY: 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
!