21 Nov 2013
Flash: USD/JPY failed to capitalize on the slightly firmer UST yields - OCBC Bank
FXstreet.com (Barcelona) - Emmanuel Ng of OCBC Bank notes that USD/JPY failed to capitalise on slightly firm US Treasury yields.
Key Quotes
“But the potential updraft from the FOMC minutes may see a test above the 100.60 resistance.”
“A sufficiently dovish BOJ today may also give the pair additional lift. With initial support seen at 100.00 in the near term.”
Key Quotes
“But the potential updraft from the FOMC minutes may see a test above the 100.60 resistance.”
“A sufficiently dovish BOJ today may also give the pair additional lift. With initial support seen at 100.00 in the near term.”