DJIA26727.54
LIVE0(0.00%)
NDX7723.02
LIVE0(0.00%)

USD/JPY seeking to retake 110.00 after Thursday's slide


Friday, 22 June 2018 08:40 WIB

USDUSD/JPY,JPY,


c_740_198_16777215_00_images_assets_CURRENCY2_shutterstock_202526317.jpg

The USD/JPY pair is reaching upwards in early Asia trading for Friday, testing back into the 110.00 handle.

The Greenback retreated across the broader fx market on Thursday, sending the USD lower against the Japanese Yen. US Treasury yields also declined in the Thursday US session, further driving the Greenback down, as US markets recoiled following a US Supreme Court decision that makes companies collect taxes on online sales.

The USD/JPY pair fell into a low of 109.83 after Thursday's sell-off was over, and the pair is trying to find a bullish foothold and climb back over the key 110.00 level after falling below the key level in yesterday's decline.

Japan's National CPI figures came in as expected, with Core CPI coming in at 0.7%, matching both expectations and the previous reading, while the headline CPI figure came in at 0.7%, versus the expected 0.3%, and the 'core-core- CPI for Japan printed at 0.3%, in-line with expectations.

USD/JPY levels to watch

Support levels: 109.55 109.20 108.80

Resistance levels: 110.15 110.45 110.90

Source : FXstreet


RELATED NEWS

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.