Ready to Get Started?
Start here. Join over 12M Libertex users around the world!
USD/JPY rebounds from below 153 seen earlier today
Yesterday afternoon we repeated a warning made earlier in the day regarding the prospect of a further fall in the USD/JPY. Well, the dollar posted a synthetic US close last night at 154.36. Earlier this morning the USD/JPY fell as low as 152.89. That further downside move took the major Yen crosses lower with it and the GBP/JPY took out the 208 handle and came close to trading below 207. It was the same for the EUR/JPY, as that extended the fall from yesterday to below 178 at the same time.
The dollar has bounced off the lows right now, but it remains to be seen how much further the current rebound has to go, if indeed it does have more upside ahead of the European opening. The USD/JPY is right now at 153.55
Market News
All News-
Gold steps back from above $4,400 again
Had there been an official Gold close last night then it would have been set at $4,404.30. Earlier in the day the metal had tried to push higher, but...
-
DAX feeling the heat of higher oil prices this morning
Much earlier this morning the DAX was priced to reopen below 25,900 and that is what it did. The DAX officially reopened at 25,897. The index had...
-
Brent lifts above $99 as Houthis strike multiple Saudi targets
Firstly, apologies for the lack of updates since before the European opening. That was due to circumstances beyond our control. There was no oil...