JPY Daily Review for August 5, 2018
|Hourly chart Spot Rate: 111.70 Daily High: 111.78 Daily Low: 111.61 Trend: Bullish above 111.81 Resistance 111.81 (resistance of the hourly ch|
|The GBP/JPY pair remains on the back foot, courtesy of BOE’s dovish rate hike and risks deeper drop below 145.00 on Brexit uncertainty and rising trad|
|USD/JPY is moving higher in the Tokyo open as the risk sentiment follows on the coattails of a better bid session in NY that recovered from the Europe|
|Fresh developments coming out of the U.S. economy may continue to drag on USD/JPY should the data prints rattle bets for four Fed rate-hikes in|
|“The July 31 Bank of Japan policy meeting had a polarising impact on the market. Market hawks judged that the Bank may relax its commitment to its cur|
|The USD/JPY pair came under a renewed selling pressure in the NA session and extended its losses to touch a fresh daily low at 111.10. As of writing,|
Have a nice trading!