Intra-day news and views and data to be released today – USD/JPY

avatar
· Views 1,130

Intra-Day Market Moving News and Views

Update Time: 20 Aug 2020 05:30GMT

USD/JPY - 106.12... The greenback swung wildly in hectic trading yesterday as despite rebounding strongly from Asian low at 105.11 to 105.60 ahead of European open, price retreated to 105.18 ahead of New York open. However, the pair then erased its losses and rallied to session highs at 106.14 near New York close on usd's broad-based rally after the rally of Fed's FOMC minutes, which hinted the central bank would consider extending the duration on its aggressive monetary policy. Price then found renewed buying at 105.98 in Australia today and gained to 106.21 before stabilising.

Dollar's intra-day break above overnight resistance at 106.14 suggests decline from August's near 3-week peak at 107.04 has made a temporary low at 105.11 yesterday and consolidation with upside bias remains for stronger retracement to 106.65.
Bids are now seen at 105.80/90 and more below at 105.60/70 with stops building up below there whilst initial offers are noted at 106.90/00.

Pay attention to the release of U.S. jobless claims at 12:30GMT. Street forecast is 925k vs previous reading of 963k. Elsewhere, the President of San Francisco Federal Reserve Mary Daly will speak at 17:00GMT.

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

古いコメントはありません。ソファをつかむ最初のものになりましょう。

  • tradingContest