Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
More official warnings send USD/JPY back from new 2023 high
Earlier this morning the weak Yen dynamic continued to play out. The USD/JPY rose above 149 for the first time this year and posted a new year to date high at 149.19. However, it has fallen back below 149 now following comments from the Japanese finance minister, Shunichi Suzuki who has said the MOF is watching closely the level of the dollar, with great urgency. That has delivered a drop back in the US currency and forced some short term profit-taking for sure. The price is just now edging off that low and it remains to be seen if these latest Jaw-boning comments will have more than a passing impact. The USD/JPY is just now trading at 148.86
Market News
All News-
EUR/USD lifts on better than forecast French PMI data, but German numbers await
The first of the flash PMI reports noted in the previous update has now been released from France. As mentioned, the markets were expecting a modest... -
French and German PMI data in the spotlight shortly- check out the CAC 40 right now
Today sees a number of important PMI index reports, from France, Germany, the UK and the US. The first one to report is France, at 8.15am GMT (Germany... -
S+P 500 futures indicate the corrective rebound is back in play again?
Several updates here last week looked at the corrective nature of the S+P 500, as it attempted to forge out a low just above 5,500. The noted first...
