Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jul 18 - 01:55 AM

USD/JPY - Collects Bids On Way Down; Bulls Have Upper Hand

By Ewen Chew  —  Jul 17 - 11:35 PM
  • USD/JPY bounces to 138.37 from 138.03; still below open 138.47

  • Bollinger uptrend channel intact; base at 137.59

  • Softer USD all around with risk-on picked up from Wall St

  • But outlook hasn't changed much for USD/JPY bulls

  • FOMC ahead the main focus, though 100bps hike less likely

  • Japan financial markets closed Monday; S&P futures +0.4%

  • 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
!