Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Mar 06 - 05:55 AM

USD/JPY's Direction In The Balance As Powell Testimony Looms

By Martin Miller  —  Mar 06 - 03:55 AM
  • Dollar slipped as investors await Fed Chair Powell testimony nL1N35E08N

  • USD/JPY's recent 'bull trap' could lead to a bigger setback nL1N35E0BD

  • It dropped from 136.05 to 135.38 in Asia before rising, EBS data shows

  • Talk of Japanese importer demand into Tokyo fix and near Asia's low

  • 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

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