USD/JPY: 108.72 and 108.20 are key technical supports to look out for – DBS Bank
Low momentum readings have USD/JPY consolidating before the key Jackson Hole risk event. Unless the
Financial and Business News
Low momentum readings have USD/JPY consolidating before the key Jackson Hole risk event. Unless the
The USD continues to grind higher supported by the recent pick-up in long-term US yields.
Early Monday, Reuters came out with the news, relying on Sankei Shimbun daily reports, while
USD/JPY stayed firm amid dollar strength. Analysts at OCBC Bank maintain a positive bias in
USD/JPY remains capped below 110.50. However, economists at Westpac still see a push towards 111.70/
USD/JPY is set to hold support at 110.10/00 for an eventual sustained break above 110.70.
USD/JPY prolonged its recent strong positive move amid sustained USD buying interest. Expectations for an
USD/JPY caught some fresh bids on Tuesday and prolonged its one-week-old uptrend. Prospects for early
The US reported a second consecutive blockbuster Nonfarm Payrolls report. The USD is moderately bid
USD/JPY edged higher for the third successive day, though lacked any follow-through. Rallying US bond