By Andrew M Spencer — Nov 28 - 06:50 PM
Off 0.1% after closing down 0.2%, despite broad based USD strength
Softer UST yields helped slow the rebound as USD recovered European losses
Japan jobs slightly worse than forecast - 2.6% Vs 2.5% f'cast nP8N31Q02F
Data will not have any impact on the yen - UST yields and the USD lead
Charts; last week's break below the daily cloud was the first since Sep 2021
Break has been sustained, as the daily cloud rises - base today at 142.24
5, 10 & 21 day moving averages and 21 day Bollinger bands head lower
Bearish signals support a downside bias while the 139.87 Tenkan line caps
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary