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Jun 28 - 07:55 PM

USD/JPY - Circumspect Start As Risk Mood Deteriorates

By Krishna K  —  Jun 28 - 05:50 PM
  • USD/JPY starts the week on a wary note as global virus cases exceed 10 mln

  • Traded in 106.80-107.365 range Fri, held ground despite Wall Street slide

  • Tokyo records 60 new virus infections Sun, highest daily total since May 4

  • U.S. posts record virus cases for 3 days running nL2N2E504XnL3N2E502T

  • Fed Chairman Powell testimony Tues, FOMC June meeting minutes Wed awaited

  • Support 107.00-05, 106.75-80, 106.40-45, resistance 107.45-50, 107.90-108.00


US Yield curve: Click here

Source:
Refinitiv IFR Research/Market Commentary

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