Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 08 - 04:55 PM

USD/JPY - Pierces Pandemic Peak After Shrugging Off Payrolls Miss

By Randolph Donney  —  Oct 08 - 02:50 PM
  • USD/JPY's 112.25 high on EBS edged out 2020's 112.23 spike high

  • Was a brief dip after ADP missed and Treasury yields pulled back

  • USD/JPY, Tsy yields rebounded sharply as Fed tapering view unchanged

  • Pair also up on stocks, risk flows, ok despite yield rise nL1N2R416K

  • New pandemic high for 5-yearr Treasury-JGB yield spreads today

  • A close above L-T Fibo at 112.00 & 2020's 112.23 high would be bullish

  • 2019 high at 112.40 is next hurdle, 2018 high at 114.55 beyond that

For more click on FXBUZ


Chart Click here

Chart Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!