USD/JPY holds more steady after the breakout yesterday

BY admin admin

USD/JPY ran stops above 108.00 in trading yesterday
For bank trade ideas, check out eFX Plus
The move higher yesterday came right after European midday, where the pair jumped from 107.80 to 108.40 before buyers gathered enough momentum to keep a break above its key daily moving averages seen @ 108.31-39 currently.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Finally! The SEC Approves all 11 Applications for Bitcoin ETFs

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2022/06/f-bitcoin34.jpg" class="attachment-post-thumbnail size-post-thu

Forex

United States Core Personal Consumption Expenditures – Price Index (YoY) registered at 4.6%, below expectations (4.7%) in May

United States Core Personal Consumption Expenditures – Price Index (YoY) registered at 4.6%, below expectations (4.7%) in May

Forex

The Fed will deliver its last hike, paving the way for the USD to glide lower through H2 – TDS

Economists at TD Securities analyze USD outlook ahead of the Fed meeting. Data trends should outweigh the Fed rhetoric and reinforce the pattern of US

Copyright © 2024 | WordPress Theme: Xews Lite