Derived Data That Drive Results
First appeared on eFXplus on Nov 18 - 01:20 PM
USD/JPY and crosses knocked down by trade deal doubts nL2N27Y07U
In a 109.07-8.51 range & flirting with a sub-kijun (108.69) close
November pullbacks so far unable to close below the kijun line
Rare Trump-Powell-Mnuchin meeting at WH raises eyebrows nL2N27Y0HM
Trump talking rate cuts, negative rates, too strong Dollar
Powell sticking to data-dependent drive to meet Fed mandates
Fed and USD/JPY longs may need more insurance nL2N27Y0HZ
Large options expiries at 107.95-8.50 guard recent 108+ IMM spec longs
If trade talks fall apart, the 104.46-9.49 will be retraced
Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
