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Thomson Reuters
May 14 - 02:36 AM
USD/JPY - Going Nowhere Fast, Asia 109.21-40
First appeared on eFXplus on May 14 - 12:40 AM
  • USD/JPY goes nowhere in Asia, range 109.21-40, quiet, flows few.
  • Talk of offers from 109.60, trail up, more large around 110.00.
  • 108.65-110.05 recent range, 100/200-DMAs bracket, at 108.50/110.17.
  • Option expiries help bracket too - 108.50 USD1.2 bln, 108.65 1 bln.
  • Above, USD1.3 bln at 110.00, US yields soggy, Nikkei up small.
  • Given so much potential news/data in offing, no real positioning interest.

USD/JPY: Click here

Source:
Thomson Reuters IFR Markets

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