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Derived real-time data in partnership with:
Thomson Reuters
May 05 - 08:36 PM
USD/JPY - Gapped - Risk Off On US/China Trade Pessimism
First appeared on eFXplus on May 05 - 06:30 PM
  • -0.3% in Asia, with risk broadly weaker on Trump/China tariff threats
  • Aides suggested significant hurdles remain in China trade talks
  • E-mini S&P futures trade -1.6%, AUD/JPY -0.8% and EUR/JPY -0.5%
  • Gap from 111.10 NY close to Asia 110.85 high - they are usually filled
  • Opened within the daily cloud - first since March - 110.81 cloud top
  • 110.50 Asian low and 111.10 NY close are initial support/resistance

jpy may 6 Click here

Source:
Thomson Reuters IFR Markets

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