Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY falls back towards mid range
Earlier this morning the USD/JPY rebounded to a new session high at 144.32. That high was set as the European stock markets reopened. However, and since then the dollar has run into fresh selling and the move to 144.32 has since petered out. The dollar has just now fallen back underneath 143.90. The move has also seen the EUR/JPY and GBP/JPY fall back with the dollar. There is no real catalyst for the shift in direction and at this stage we are taking about a reversal back towards the middle of the outside range seen so far today. In that sense it is not of any consequence, other than anything outside of an intraday price swing. The USD/JPY is currently trading at 143.93
Market News
All News-
Nasdaq 100 extends opening gains closer to the first technical correction level (corrected)
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here; it is at 20,325 and represents a 38.2%... -
Nasdaq 100 extends opening gains closer to the first technical correction level
Much earlier today an update here noted the first technical correction level on the Nasdaq 100. To repeat here that, it is at 20,325 and represents a... -
US consumer confidence and Richmond Fed both miss estimates- EUR/USD edges higher
The earlier noted US economic releases (consumer confidence, new home sales and the Richmond Fed index) have just hit the screens. As noted earlier...
