Flash: USD/JPY may attempt to push gingerly higher - OCBC

FXstreet.com (Athens) – Emmanuel Ng of OCBC Bank says that Tokyo is away for a long weekend today but the USD/JPY may attempt to push gingerly higher in the current dollar environment.

Key Quotes

“The next key psychological resistance is expected at 99.00. Meanwhile supportive JPY crosses stemming from positive risk appetite levels may also lend the USD a hand against the yen.”

UK: PMI Construction grows to hits 59.4 in October

UK PMI Construction increased to 59.4 points in October, from 58.9 points in September, according to data released today by Markit. This is the highest level registered by the indicator since April 2007. Market consensus pointed to no change.
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