Apart from what has been posted there are no fresh catalysts.
USD/JPY rose on early demand, said to be mainly from Japanese buyers. The rally coincided with the Japanese morning and into the Tokyo fix, so that looks likely.
Since then its dropped a big figure or so.
Looking ahead for the session, notable option expires due at 10am NY time include circa $1.5bn around 154.00, and between 153.40 and 153.50 there are $1.1bn in expiries.
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
Eurostoxx futures +0.2% in early European trading
German DAX futures +0.2%French CAC 40 futures +0.1%UK FTSE futures +0.4%This follows...
UK Retail Sales decline 0.7% on a monthly basis in October vs. -0.3% expected
The UK's Office for National Statistics (ONS) reported on Friday that Retail...
United Kingdom Retail Sales ex-Fuel (YoY) registered at 2%, below expectations (3.3%) in October
United Kingdom Retail Sales ex-Fuel (YoY) registered at 2%, below expectations (3.3%)...
Germany Gross Domestic Product w.d.a (YoY) dipped from previous 0.2% to 0.1% in 3Q
Germany Gross Domestic Product w.d.a (YoY) dipped from previous 0.2% to 0.1% in...
Leave a comment