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Thomson Reuters
Sep 13 - 12:12 AM
USD/JPY - Seeing Good US-Name Demand, Offers Above
First appeared on eFXplus on Sep 12 - 09:50 PM

  • USD/JPY on up-up on US-name demand, move up in tandem with Nikkei futures
  • On move towards 111.58 top of Ichi cloud again, so far 111.18 to 111.46 EBS
  • Multiple breaks above cloud recently but little follow through
  • Offers trail higher from @111.50, large at 111.60-70 - Japanese players
  • Stops tipped from 111.80-90 but multiple daily highs to 112.15 August 1
  • Option expiries to help cap/tehter, trail up from 111.40

USD/JPY: Click here

USD/JPY hourly: Click here

Nikkei 225: Click here

Source:
Thomson Reuters IFR Markets

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