USD/JPY fades the recent advance and retreats below 132.00 ahead of Powell – by pabspiovano USDJPY Currencies Majors
US yields trade on a mixed tone ahead of Powell.comes under some moderate downside pressure and probes the area below the 132.00 yardstick on turnaround Tuesday.The upside momentum in USD/JPY run out of steam in the boundaries of the 133.00 neighbourhood at the beginning of the week, as the NFP-induced bounce appear to have lost some impulse.
Additionally, the mixed performance in US yields see the short end of the curve giving away part of the recent strong advance vs. extra gains in the belly and the long end. In the Japanese debt market, the JGB yields drop marginally below the 0.50% level. Later in the NA session, Chief Powell will participate in a discussion at the Economic Club of Washington.As of writing the pair is retreating 0.50% at 131.95 and the break below 128.08 would aim for 127.21 and finally to 126.36 . On the upside, the immediate hurdle comes at 132.90 seconded by 134.77 and then 136.78 .Information on these pages contains forward-looking statements that involve risks and uncertainties.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
USD/JPY slides to fresh daily low, further below 132.00 amid modest USD downtickThe USD/JPY pair comes under some selling pressure on Tuesday and erodes a part of the previous day's gains to the 133.00 neighbourhood, or a one-mont
Read more »
USD/JPY Price Analysis: Eases from 50% Fibo but buyers stay hopeful above 132.00USD/JPY Price Analysis: Eases from 50% Fibo but buyers stay hopeful above 132.00 USDJPY Technical Analysis SwingTrading ChartPatterns SupportResistance
Read more »
Batman #132, Deadly Duo & Man Who Stopped Laughing's Joker SpoilersBatman 132, Deadly Duo 4 & Man Who Stopped Laughing 5 Bring Out The Joker BatSpoilers batman dccomics thejoker batspoilers batman132
Read more »
USD/JPY skids below 132.50 as risk-on mood rebounds, US-China tensions easeThe USD/JPY pair has slipped below the immediate cushion of 132.50 in the Asian session. The asset is sensing selling interest after a two-day positiv
Read more »
USD/JPY bulls capped on the opening gap, bulls remain in controlUSD/JPY is correcting the opening gap rally that hit a high of 132.47 and is now back to 131.70 at the time of writing. Outstanding results in the US
Read more »
USD/JPY Price Analysis: Renews three-week high but 50-DMA probes bullsUSD/JPY remains firmer as buyers keep the reins at the highest levels in three weeks during early Monday. In doing so, the Yen pair also justifies the
Read more »