Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Nov 02 - 07:24 AM
USD/JPY - Traders Look To U.S. NFPs To Signal Direction
First appeared on eFXplus on Nov 02 - 05:05 AM
  • USD/JPY positions, this week, are quite near flat according to EBS flow data
  • This means that U.S. NFPs vitally important for spots direction near-term
  • Tech upside bias grows, should fly with close above 30-DMA
  • Japanese banks said to have been decent buyers in Asia, maybe of Tokyo fix
  • Nikkei 225 up 2.56% as risk rebounds. Spot rises from 112.56 to 113.10 Fri
  • But general longs busy squaring up positions since start of Nov limit upside

EBS Flow Chart: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!