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Nov 04 - 07:55 AM

USD/JPY - Under Pressure As Investors Brace For A Pivotal Week

By Martin Miller  —  Nov 04 - 06:35 AM
  • Dollar softens as the U.S. election and Fed decision looms nL1N3MA06G

  • USD/JPY has dropped from 152.95 to 151.60, on Monday, EBS data shows

  • USD/JPY's setbacks have been limited by the key 200-DMA (151.57)nL1N3MB07H

  • If there is a sustained break under the 200-DMA, that would be negative

  • EUR/JPY and USD/JPY continue to move in tandem with each other

Source:
Refinitiv IFR Research/Market Commentary

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