OctaFX | OctaFX Forex Broker
Sign in
Open account
Back

USD/JPY creeping higher - FXBeat

FXStreet (Łódź) -
">Matt Bacon-Hall, Editor at FXBeat, sees the USD/JPY moving upwards on Friday.

Key quotes

"USD/JPY traded to 101.50 about this time last week as geopolitcal risks dominated the headlines."

"However, here we are back at 102.60...almost right back where we started."

"The topside now looks vulnerable, with buy stops from medium term accounts above 103.10 and again through 103.25."

"Just need to clear those 102.80-00 offers!"

AUD weaker, but positioning is not bearish - TD Securities

Prashant Newnaha from TD Securities notes the recent drop in the AUD and believes that the downward move will continue in the upcoming months.
Read more Previous

USD/JPY points to highs near 102.60

The greenback is now gathering steam vs. the Japanese currency, lifting the USD/JPY to session highs around 102.60...
Read more Next
Start livechat