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Nov 22 - 10:55 PM

USD/JPY - Caught Between Vaccine Optimism And Virus Toll

By Krishna K  —  Nov 22 - 10:05 PM
  • USD/JPY down 0.1% in Asia as dollar weakens broadly on vaccine optimism

  • Supported by buoyant risk appetite on hopes for imminent virus vaccines

  • COVID-19 shots could reach first Americans by mid-Dec-top health official

  • Rising U.S. virus toll and U.S. policy vacuum will continue to cap rallies

  • Japan holiday Mon dampens trading activity; U.S. holiday Thursday too

  • Asia range 103.715-103.845; support 103.45-50, resistance 104.00-05

  • Related nL1N2I80DC

  • For more click on FXBUZ


Virus explodes, recovery flattens Click here

Source:
Refinitiv IFR Research/Market Commentary

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