Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Mar 26 - 08:36 PM

USD/JPY - Back Down In A Heap, US Economic Reality Hits Hard

By Krishna K  —  Mar 26 - 06:40 PM
  • USD/JPY under pressure in Asia after opening 1.4% lower on dismal U.S. data

  • Powell says US 'may well be in recession'; US jobless claims soar to record

  • Massive global stimulus addition, Fed liquidity-enhancing measures hit USD

  • JPY cross currency basis swap erase hefty losses dash to cash subsides

  • Test of NYK 109.21 imminent; 23.6% of 101.18 to 111.71 rally is at 109.23

  • Stronger support at 108.60-70; resistance 109.80, 110.10-20


U.S. jobless claims JPG: Click here

Fed balance sheet tops $5 trillion: Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!