Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Nov 08 - 07:55 PM

USD/JPY - Retreats As Lower US Yields Weigh

By Krishna K  —  Nov 08 - 06:00 PM
  • USD/JPY declines 0.65% Tuesday as traders brace for major risk events

  • Tuesday's US mid-term elections, Thursday US CPI pivotal for direction

  • Investors brace for govt gridlock as Republicans seen gaining in US midterms

  • Could ease worries about Democratic spending and regulation nL1N3241T0

  • US yields slide on expectations of slight drop in monthly & annual core CPI

  • Fed pivot optimism and hopes China may ease COVID restrictions weigh on USD

  • Support 145.30, 145.00, 144.50, resistance 146.00-10, 146.50-55

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!