Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 30 - 06:55 AM

USD/JPY - Recovers After Slump On Reports Of A Possible BOJ Tweak

By Martin Miller  —  Jan 30 - 04:55 AM
  • USD/JPY fell on reports BOJ could tweak its inflation goal nL4N34F11T

  • USD/JPY dropped from 130.28 to 129.20 (EBS) on Monday, before recovering

  • Dollar has space to fall further in a critical week nL1N34E0EJ

  • USD/JPY at risk of a slump to probe a major 126.56 Fibo nL1N34E0EO

  • 126.56 Fibo is a 50% retracement of 101.18-151.94 (2020-2022) EBS rise

  • EUR/JPY's correlation with USD/JPY high, 30/60-day logs are well above +0.5

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

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