By Martin Miller — Sep 13 - 06:35 AM
Dollar hits nine-month low versus yen as Fed debate reignites nL1N3KV08C
There are WSJ, FT reports that a 50 bp cut is still an option nL1N3KV08C
USD/JPY has dropped from 141.88 to 140.36, on Friday, EBS data shows
Spot has broken below 140.49 Fibo, a 61.8% of the (127.22-161.96) rise
USD/JPY chart points to a likely break below 140 nL1N3KV06G
140 is where option barriers reside, with large stops likely below
EUR/JPY and USD/JPY currency pairs continue to trade in tandem
Source:
Refinitiv IFR Research/Market Commentary