Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY edging higher again as major Yen crosses rise
Earlier this morning the USD/JPY dropped back to a session low at 157.61. The dollar had closed in the US last night at 157.86. The price action just now is seeing the dollar push back towards the 158 handle again and above that US close. The noted potential double top in place at 158.26 and 158.23 remains intact of course though. The push higher in the USD/JPY is also lifting the likes of the EUR/JPY and the GBP/JPY. The GBP/JPY is just now trading close 201.00 handle once again. The reason for the gains in the major Yen crosses is not immediately clear, but at the same time it is clearly not countertrend- it is the trend after all, especially in terms of the GBP/JPY. The USD/JPY is just now trading at 157.89
Market News
All News-
Gold edging lower again- more updates early tomorrow morning
Owing to technical reasons, after this there will be no more updates from this analyst until early tomorrow morning. In the meantime, we should note...
-
DAX still attracting the flow as it pushes to session highs above 22,425
Not long ago the DAX lifted above 22,425 and that means it has lifted further above the last technical rebound level of note (22,299.29). Of course it...
-
Another technical look at the S+P 500 with big earnings due this week
There is not that much of importance due out today in terms of US data releases or Q1 earnings reports. However, as far as earnings go, that sees...
