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Dec 27 - 08:55 PM

USD/JPY - To Steer Higher With Upbeat Japan, US Economic Data

By Ewen Chew  —  Dec 27 - 06:59 PM
  • USD/JPY burst higher Mon, affirming bullish chart signal

  • Bollinger uptrend channel steers it toward 115.00 next

  • Wall St rally on US consumer data spurs FX risk-on nL1N2TB07T

  • Bodes well for US economy ahead, may turn Fed more hawkish

  • 2y UST yield surged Mon, reflecting bets on earlier rate hike

  • Japan Nov industrial output beats forecast nT9N2T100AnT9N2JJ010

  • For more click on FXBUZ

Refinitiv IFR Research/Market Commentary


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