Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Feb 10 - 12:12 AM

USD/JPY - Price Action Suggests There Is Good News Coming

By Andrew M Spencer  —  Feb 09 - 10:25 PM
  • +0.1% with AUD/JPY up 0.5% and EUR/JPY +0.15% - modest risk on in FX

  • Risk sold initially, AUD/JPY -0.3%, E-mini S&P led, from -0.6% to +0.2%

  • 10yr UST yields touched 1.5600 early and currently trade at 1.594%

  • Price action suggests coronavirus impact optimism, but no news nL4N2AA01K

  • Earlier 109.56 low and Friday and last week's 110.04 high support-resistance

  • Horizontal Tenkan & Kijun lines do not suggest a trending market

  • Tokyo bank holiday tomorrow had an impact on today's liquidity



jpy feb 10 Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2020 eFXdata · All Rights Reserved
!