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Jun 18 - 04:55 PM

USD/JPY - Claims Miss, Risk-Off Nearly Bring June Low Into Play

By Randolph Donney  —  Jun 18 - 02:50 PM
  • USD/JPY's 106.67 EBS session low came after weak claims data nL1N2DV0T9

  • Low close to June's 106.58 low, cloud base below there is at 106.45

  • Treasury-JGB yield spreads fall, particularly further out the curve

  • Day's range holds below cloud top that drops to 107.09 on Friday

  • USD also in demand as a haven amid global political, economic uncertainty

  • May's 105.985 EBS low by lower 10-day Bolli in prospect while below 10-DMA

  • EUR/JPY is close to critical support nL1N2DV187

  • For more click on FXBUZ

Chart Click here

Refinitiv IFR Research/Market Commentary


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