Market Moving News: USD/JPY - Dec 18

By @ibtimes on

Usd/jpy - 89.60 ... Despite intra-day cross-inspired selloff to 88.83 (eur/jpy nose-dived to a 3-week low at 127.32 b4 rebounding), subsequent choppy trading suggests consolidation is likely in European opening with some focus being on how the DAX n FTSE-100 open. Offers are lined up at 90.00/10 n also further out at 90.40/50 with stops placed abv latter lvl. On the downside, stops are building up below 88.83...

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