Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY steps back from above 150 as BOJ warns on unwanted FX moves
Yesterday the better than expected US data helped the USD/JPY to eventually lift above 150. That move was covered here at the time and later in the session the dollar pushed on, to reach a new session and interim high, at 150.32. The USD/JPY later closed in the US at 150.21. However, it has fallen back so far today, hitting a session low a short while ago, at 149.77. The reason for that is once again due to some timely comments from Japanese officials warning on the exchange rate. Perhaps it should come as no surprise to see the BOJ jawboning again as the dollar recovers the 150 handle once more. The USD/JPY is currently trading at 149.84
Market News
All News-
As the DAX extends gains above 22,700 here is a note about updates next week
Earlier this morning an update here noted that German defence sector stocks were fuelling another push higher in the DAX. Well, since that update the...
-
USD/JPY slips close to session lows as EUR/JPY continues to drift
The USD/JPY is right now very close to the earlier Asian session low at 151.48, which came after the latest Japanese GDP data beat estimates. The move...
-
DAX gets a lift above 22,600 as German defence stocks rise
Three of the biggest German defence companies are seeing their share prices rise strongly this morning. The reason for that comes as the markets eye a...
