"Buy on fear, sell on greed !!!
-
USDJPY falls through 116.50 with yen demand again notable
The USD retreat continues as European desks start to stir 29 Dec We've seen a decent USD retreat since yesterday's soggy US housing data. USDJPY has now fallen below the previously strong support into 116.50 after once again failing around 117.80, while EURUSD has recovered back through 1.0450 after yesterday's fall to 1.0373. The on-going month/year-end yen demand I've also been highlighting over recent sessions is still playing out on core pairs too. GBPJPY on session lows at 142.58 and EURJPY both capping GBPUSD and EURUSD amidst the general US$ decline EURGBP held the 0.8500 support area I highlighted and the ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Dec 29, 2016 6:16am Dec 29, 2016 6:16am
- Petar_Serbia
- | Commercial Member | Joined May 2009 | 97 Comments
- Comment #2
- Quote
- Dec 29, 2016 6:19am Dec 29, 2016 6:19am
- Ziko9o8
- Joined Mar 2011 | Status: Member | 84 Comments
- Comment #3
- Quote
- Dec 29, 2016 6:22am Dec 29, 2016 6:22am
- Guest
- | IP XXX.XXX.205.78