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Thomson Reuters
Sep 06 - 03:48 PM
USD/JPY - Back To Cloud Base In Pre-Tariffs, NFP Shudder
First appeared on eFXplus on Sep 06 - 02:35 PM
  • Jobless claims, ISM beats overlooked after ADP miss pre-event risks
  • US seen putting tariffs on $200bln more of Chinese exports soon
  • JPY broadly bid in derisking ahead of midnight tariff opening point
  • USD/JPY dives toward 110.65 Cloud base, 61.8% Fib & 100-DMA @110.56/49
  • Tsy yields slip despite ISM beat. Bulls need NFP to revive Tsy yields
  • Close below 100-DMA would target the 200-DMA at 109.81 & rising

Chart: Click here

Source:
Thomson Reuters IFR Markets

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