By Ewen Chew — Nov 03 - 08:00 PM
USD/JPY extends drop to 151.93 from open 152.95
Japan financial markets closed Mon; liquidity thinned
Further downside available till 200 DMA support 151.57
Bids may pile up near 200 DMA, and 100 DMA at 150.37
US NFP on Fri badly missed, due to hurricanes nL1N3M71FR
Fed still likely to cut 25bps on Thursday nL1N3M80JN
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary