Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY still skirting 150 as Fed and BOJ loom ever closer
An update here on Friday morning noted how the USD/JPY was becoming increasingly pivotal around the 150 handle. As if to prove that observation entirely correct, the USD/JPY later closed on Friday evening at exactly 150. Well, the scene is not too different again at the start of this week. The USD/JPY has traded a range today, covered so far by 149.69 to 150.12. Outside of the US CPI report on Wednesday, we have the Fed and BOJ monetary policy decisions looming ever closer next week. There will be more to add on what the outcome of those could deliver, but for now the immediate drivers look to remain in place again today. US yields are a little lower today, but so far that has not dented that broadly pivotal price action. The USD/JPY is currently trading at 149.96
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
