Ready to Get Started?
Start here. Join 2.9M Libertex users around the world!
USD/JPY bounce lacks traction even as US continuing claims fall
The latest US weekly jobless claims data has just now been released. That showed claims in line in the latest weekly reporting period, with a number of 220k. However, the continuing claims showed a marked improvement. They fell to 1.861 million from 1.925 million. That is quite a good outcome and it has helped the USD/JPY to initially bounce to just above 145.20. However, that has been the extent of it so far and that is perhaps a clear indication; that further upside this afternoon is going to be hard fought, unless US treasury yields can really bounce more than they have and counter the gains seen the Japanese yields so far today. The USD/JPY is right now turning lower once more, currently trading at 144.83
Market News
All News-
Mixed October German ZEW index fails to lift the DAX
The October German ZEW economic sentiment index has just hit the screens. The index has shown a worse current conditions reading but a better overall...
-
USD/JPY continues to edge lower towards 149
Since earlier this morning the USD/JPY has been steadily leaking lower and that has allowed the EUR/USD to just now rise back above the 1.0900 handle...
-
Lower oil price just now adds fresh pressure on the FTSE 100
The FTSE 100 was already struggling for traction today. The index was already weighed down by losses of more than 3% amongst its major oil component...
