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Nov 22 - 07:55 PM

USD/JPY - Cautious Start To Holiday Shortened Week

By Krishna K  —  Nov 22 - 04:30 PM
  • USD/JPY starts week on a subdued note as Japan markets closed Monday

  • Ranges narrow on lack of fresh catalysts for a sustained trend

  • Vaccine optimism offsets rising virus toll; U.S. policy vacuum weighs

  • Biden to name 1st Cabinet picks Tues; Trump faces new pressure to concede

  • FOMC minutes of Nov meeting due Wed; U.S. markets closed on Thursday

  • Support 103.65-70, 103.45-50, 103.20; resistance 104.00-05, 104.20-25

  • Related nL1N2I807X

  • For more click on FXBUZ


The K shaped recovery: Click here

Source:
Refinitiv IFR Research/Market Commentary

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