Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Sep 04 - 11:55 AM

USD/JPY - Near Top Of Monday's Range, U.S. Holiday Curtails Moves

By Martin Miller  —  Sep 04 - 10:10 AM
  • China stimulus, U.S. rate pause optimism lift EM stocks nL4N3AG17Q

  • In times of risk appetite, funds usually flow out of the safe-haven yen

  • USD/JPY has risen from 146.04 in Asia, to 146.47 on London, EBS data shows

  • Consolidates near the top of the range as U.S. holiday curtails FX moves

  • Expect an eventual retest of last week's 2023 147.37 peak

  • EUR/JPY's correlation with USD/JPY high, 30/60-day logs are above +0.70

Refinitiv IFR Research/Market Commentary


  • eFXplus
  • End-user license agreement (EULA)


  • About
  • Contact Us


  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2023 eFXdata · All Rights Reserved