Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 21 - 05:55 AM

USD/JPY - Putin Helps Knock The Shine Off USD/JPY

By Martin Miller  —  Sep 21 - 03:40 AM
  • USD/JPY relapses from Wed's 144.08 (early London) high on Putin announcement

  • Putin mobilises more troops for Ukraine nS8N2YT0AHnL1N30R2M6

  • In times of uncertainty, funds usually flow into the safe-haven yen

  • Despite this the daily chart remains bullish nL1N30S0CZ

  • Japan unlikely to intervene to stem yen, half of economists say nL4N2XX06O

  • Dollar firm as markets brace for another big Fed rate hike nL1N30R09D

  • Meanwhile BOJ seen sticking to ultra-low rates nL4N30R0R0

  • EUR/JPY's correlation with USD/JPY is high, 30/60-day logs are above +0.50

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!