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Oct 23 - 08:36 PM
USD/JPY - Dips Remain Shallow As Risk Mood Remains Buoyant
First appeared on eFXplus on Oct 23 - 06:40 PM
  • USD/JPY pull backs remain fleeting, trade and Brexit optimism buoy risk mood

  • China implementing new rules to make business easier nL3N278275

  • China following through "in good faith" on assurances- US's RossnL2N27803K

  • Markets cheered by chances of "no-deal Brexit" being all but eliminated

  • But need far more positive news for substantial move higher

  • Resistance 108.90-95, 109.07 (200-DMA); support 108.45-50, 108.25-30,

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Refinitiv IFR Research/Market Commentary


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