Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY creeps closer to the 152 level again today
The Yen has remained weak since the US jobs report on Friday helped to push the USD/JPY higher. The USD/JPY jumped back up from closer to 151, to just above 151.75 after the US jobs report exceeded expectations. The USD/JPY later closed in the US at 151.62. It has been edging higher so far today and the high seen has been set at 151.81. The gains remain very tentative this side of 152 though, because the markets are still extremely wary of the Bank of Japan. In fact, we have had yet more warnings from a former BOJ FX monitor (Nakao) just a moment ago. He has echoed previous colleagues comments about the threat of intervention, if the dollar rises much further. It has been stated here many times now, about the importance of that 152 level and so once again the reader is reminded of that level this morning. The USD/JPY is currently trading at 151.80
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
