Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Aug 28 - 04:55 PM

USD/JPY - Slammed By End Of Abe-Led Abenomics, Fed View, But 105 Holds

By Randolph Donney  —  Aug 28 - 03:05 PM
  • USD/JPY sees a 106.945-5.20 drop on EBS after Abe news nL1N2FU0O1

  • So far holding August's 105.10 low by repeated 105 expiries

  • Treasury-JGB yield spreads fall after Fed framework news settles in

  • Prices swing from upper to lower 21-day Bolli in one day; unusual

  • Highs capped near August's high, 100-DMA and falling cloud circa 107

  • Demographics may play in bears' favor nL1N2FU1B9 amid implicit ccy war

  • Yen broadly bid, with a double-top in EUR/JPY a test for bulls nL1N2FU0PZ

  • U.S. ISM and non-farm payrolls top the event risks next week

  • For more click on FXBUZ

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
© 2020 eFXdata · All Rights Reserved
!