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Derived real-time data in partnership with:
Thomson Reuters
Dec 04 - 08:36 PM
USD/JPY - JPY Strength To Reverberate Around Markets In Tokyo
First appeared on eFXplus on Dec 04 - 06:15 PM
  • Flat early after opening -0.8%, leading the USD lower, as risk slumped
  • UST yields continued to fall - 10yr -6bp to 2.915%, S&P -3.2% - risk off
  • Nikkei and Tokyo's response to the strong JPY will be the focus today
  • Cloud top provided a base offshore, rises to 112.67 support today
  • Horizontal cloud Tenkan & Kijun lines do not support a trending move
  • NY 112.58/113.02 range is initial support/resistance

jpy dec 5 Click here

Source:
Thomson Reuters IFR Markets

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