Forex

USD/JPY not showing much response to the data, straddling 451


The data on wages and spending are here:

Both are disappointing.

—

Meanwhile USD/JPY popped 145 overnight but has slipped back just a little in morning trade here. Above 145.70 was where we had Japanese authorities intervene to support the yen a couple of weeks ago. Markets have been timid of 145 since. But, a retest of the earlier highs seems inevitable. On the daily chart we ain’t even that far away!



Source link

Eamonn Sheridan
Eamonn Sheridan

Related articles

Alberta’s premier says new federal regime should show modified perspective 

Picture: Trans Mountain In the course of the Government Convention of the World Petroleum Present final week, Alberta’s premier, Danielle Smith, offered an replace on the province’s vitality sector and gave her evaluation of...

Your least-favorite browser lastly added a correct password supervisor, and it could possibly be an enormous game-changer for safe enterprise credential sharing

Microsoft Edge has launched a brand new password administration functionThe software is out there as a part of a Microsoft 365 subscriptionDirectors now have extra management over customers credential sharingMicrosoft Edge’s new built-in...

Yen Braces for Hawkish Fed. Forecast as of 16.06.2025

2025.06.16 ...

Argentina’s Financial Miracle: Milei Achieves Lowest Inflation in 5 Years

The measures taken by Milei and his financial group have resulted in a major discount in inflation charges, which had reached document highs of over 20% in December 2023. Nonetheless, yearly inflation charges...

Sarepta Therapeutics: Rebuilding The Thesis After Hitting Rock Backside (NASDAQ:SRPT)

This text was written byObserveBiologics is a full-time healthcare investor who developed a ardour for biotech and life saving therapies after working within the medical area for years. His commerce focus is round...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

© Copyright - Premium Alpha

WP2Social Auto Publish Powered By : XYZScripts.com