OctaFX | OctaFX Forex Broker
Open trading account

USD/JPY range bound between 108.00-110.00 – OCBC Bank

FXStreet (Edinburgh) - Emmanuel Ng, FX Strategist at OCBC Bank, sees the pair meandering between 108.00 and 110.00 ahead of Friday’s Non farm Payrolls.

Key Quotes

“If risk aversion persists and caps UST yields, the USD-JPY may remain slightly heavy (additionally weighed by the JPY-crosses)”.

“In the near term, the pair may continue to bounce within a 108.00-110.00 range amid chatter of profit taking in USD longs ahead of the US NFP”.

Barclays advises to stay short EUR/USD into ECB meeting and US NFP report - eFXnews

The eFXnews team comment that Barclay's suggests investors remain short EUR/ECB into the ECB monetary policy meeting today and tomorrow's publication of US employment numbers.
Read more Previous

AUD/USD upside correction over; back below 0.8800

AUD/USD consolidating at 0.8790 after having reached new weekly high at 0.8815 in Asia; trading activity is limited ahead of key risk events of the week
Read more Next
Start livechat