By Martin Miller — Nov 28 - 05:35 AM
Yen slips on Thursday but remains on course for a weekly jump nL2N3MZ048
USD/JPY staged a recovery from 150.94 to 151.95, on Thursday, EBS data shows
Traders have taken spot close to solid resistance at 200-DMA, now at 152.00
EBS flow data shows sustained USD/JPY buying since Wed's 150.45 low in NY
There are signs the uptrend has likely come to an end nL2N3MZ07B
USD/JPY could well relapse to eventually probe 150 nL2N3MY0CY
EUR/JPY has seen a 159.51-160.30 range, so far on Thursday
BOJ's retreat from low rates heightens Japan's debt troubles nL2N3MZ04U
Source:
Refinitiv IFR Research/Market Commentary