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USDJPY moving higher and extends to the 200 hour MA target.

USDJPY moving higher and extends to the 200 hour MA target.

The USDJPY has continued its move to the upside. The 10 AM releases did not show the weakness expected. The yields are moving higher with the 2 year now up 7.2 basis points. The 10 year is up 4.6 basis points.

The EURUSD which "sort of went on its own" toward a lower dollar ahead of the 10 AM numbers, have moved back to the downside as the greenback buyers push across all the major currencies now. The EURUSD is now below the 200 hour MA at 1.03488 after trading to 1.0399 and above its... Read More

Posted: Nov 30 2022, 15:33
Author Name: forexlive
Views: 111443

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