By Martin Miller — Dec 03 - 06:20 AM
Fragile USD/JPY propped by thick daily cloud support nL2N3N407T
Daily cloud currently spans the 146.73-149.63 region
EBS flow data shows there are been steady buying this week, so far
Flow data also shows trading has been the heaviest around 150.00
Spot has seen a 149.50-150.24 range, on Tuesday, according to EBS data
The 30 and 60-day log correlations between USD/JPY, EUR/JPY is high
Source:
London Stock Exchange Group | Thomson Reuters