Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Mar 08 - 05:55 AM

USD/JPY - Leaps As Fed's Powell Stokes Demand, Buy Stops At Risk

By Martin Miller  —  Mar 08 - 05:05 AM
  • Dollar surge, after Powell, could be just the start nL1N35F2N3

  • USD/JPY rise continues from 137.10 to 137.90, on Wed, according to EBS data

  • It has broken the 200-DMA, now at 137.45, 1st time since Dec nL1N35G0GG

  • There is talk of buy stops clustered above the 138.00 psychological level

  • EUR/JPY's correlation with USD/JPY high, 30/60-day logs are both above +0.60

  • Euro has strong bias to rise against yen in March nL1N35A0SH

  • Japan's 10-yr yield falls below top of BOJ ceiling nL4N35G08G

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved