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Thomson Reuters
Sep 04 - 03:48 AM
USD/JPY - In A Funk Following Early BoJ To-Do
First appeared on eFXplus on Sep 04 - 02:00 AM

  • USD/JPY has settled into a tight range @111.15 following early BoJ to-do
  • Some expected hawkish tweak at BoJ morning operations, not so hawkish
  • USD/JPY off to 110.90 before bouncing later to 111.17 EBS
  • Hourly Ichi cloud base pierced briefly, back up towards top now
  • Cloud 110.97-111.20 currently 200-HMA 111.18, 100-HMA 111.19 just above
  • Option expiries a tether, total USD2.6 bln between 110.85-111.50 strikes

USD/JPY: Click here

USD/JPY option expirations today: Click here

Source:
Thomson Reuters IFR Markets

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