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Author Archives: JPY Editor

USD/JPY Squeezed By Moving Averages

Yesterday, the USD/JPY currency pair declined to the support level formed by the 100- and 200-hour SMAs at 108.68. During Thursday morning, the pair was testing the resistance level formed by the … Read Full Story at source (may require ...

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USD/JPY rebounds from 1-week lows, lacks follow-through

The USD/JPY pair remained depressed amid persistent US-China trade uncertainty. Sliding US bond yields undermined the USD and added to the intraday selling bias. Fed’s patience stance seemed to be the … Read Full Story at source (may require registration)

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JPY Futures: remains sidelined near-term

Waning trade optimism will likely keep the EUR on the defensive. USD/JPY has bounced up from the 50-day MA support of 108.28. China’s Vice Premier Liu He is cautiously optimistic about the prospects … Read Full Story at source (may ...

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