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Jul 11 - 10:55 PM

USD/JPY - USD/CNH Takes A Cue From USD/JPY Bounce; China Data Awaited

By Ewen Chew  —  Jul 11 - 09:15 PM
  • USD/CNH bounces with USD/JPY leading regional pairs up

  • Last 7.2686 vs Thurs US CPI reaction low of 7.2584

  • 55 DMA 7.2619 and 23.6% Fibo 7.2586 might be respected

  • USD/JPY rebounds on suspected Japan intervention nL1N3J3192

  • China trade data expected Fri, exports might beat nL4N3J20BP

  • Third Plenum meeting on Mon will be closely eyed nL1N3J306H

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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