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An advance to the mid-116.00s in USD/JPY seems to have been losing momentum as of late, commented FX Strategists at UOB Group. 24-hour view: “Last Friday, we expected USD to trade sideways between 115 ...
GMT, the USD/JPY is trading 115.785, up 0.223 or +0.19%. On Friday, the Invesco CurrencyShares Japanese Yen Trust ETF (FXY) settled at $81.22, up 0.25 or +0.31%. Federal Reserve chair Jerome Powell ...
Chart - Courtesy Trading View USD/JPY was trading 0.29% higher on the day at 115.81 at around 03:45 GMT. After seeing some profit taking on Friday after payrolls report failed to meet the markets ...
Weighing on the Forex pair was a U.S. Labor market report that showed nonfarm payrolls for December fell well short of estimates.
The recent gains of USD/JPY that pushed it towards its highest level in five years, to reach the resistance level of 116.35, may be followed by short deals ...