Skip to main content

USD/JPY rejects 150.50 again despite Nikkei 225 record

As mentioned here earlier, the Nikkei 225 rose above 39k for the first time ever today. The index reached a new record high at 39,156 and closed at 39,098. That record helped to weaken the Yen and push the USD/JPY towards 150.50 again. However, it has stalled up there and now fallen back. So, this looks like a pretty key level now. As I write the EUR/USD is now taking up the slack in EUR/JPY gains, as that now lifts above 1.0850, while the USD/JPY falls back right now towards 150.10 
 

Ready to Get Started?

Start here. Join 2.9M Libertex users around the world!