Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY takes out December 14 low
Following on from an earlier update this morning, covering the USD/JPY price action and the potential for the dollar to extend on the downside, if it took out the December 14 low, that has now happened. The dollar has fallen below 140.97 and extended the move lower to 140.73 so far. It seems that stops and fresh system sellers are impacting the move lower and in the current mood it is not easy to say there this might ultimately end up. The obvious level from here on in that respect would be to highlight the 140 handle and ahead of that there is not much else to see from any kind of technical perspective. The USD/JPY is currently trading at 140.79
Market News
All News-
DAX set for a higher opening shortly
Yesterday the DAX was unable to vault the 22,450 mark. The index peaked at 22,443 and then fell back. That fall delivered a low at 22,255 and the...
-
Notable earnings reports due today for the S+P 500
Owing to the slightly lower close in the Nasdaq 100 yesterday the S+P 500 was unable to make any real progress by the close. The index had earlier...
-
Carney election victory looks too narrow to help the USD/CAD lower
The Canadian election took place yesterday and by all early accounts it looks like the Liberal party, led by the transitory leader, Mark Carney has...
