Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

USD/JPY – Bias remains on downside

  • Japanese importers bids seen at 119.50 levels

  • Japanese pension funds buying on dip near 119.50 reportedly

  • Offers are seen around 120.00; sell stops are close to 119.00

  • Soft Nikkei futures; 72 hour log correlation of +0.55

  • Narrowing 5year UST/JGB yield spread; 30/60 day correlation is +0.70/+0.62 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.