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USD/JPY: Bears eye 104.00 amid US election jitters
USD/JPY refreshes intraday low below 104.50 while printing a three-day losing streak. Risks dwindle as Joe Biden wins in Michigan, chatters over Pennsylvania ballot-counting. Japan’s Jibun Bank Services PMI for October grew past-46.9 to 47.7. USD/JPY takes offers around 104.25, down 0.26% intraday, during the initial hour of Tokyo open on Thursday. The pair recently weighed down by mixed risk catalysts emanating from the US election updates as well as upbeat data from Japan. Also weighing the quote could be the news from Europe and China. Joe Biden inches closer to winning the US presidential election after the ... (full story)