USD/JPY - ..... Despite Friday's rebound from 100.68 (Europe) to 101.17 in New York afternoon following hawkish comments by Fed's Rosengren, dlr came under selling pressure ahead of Tokyo open on renewed cross-buyng in yen and retreated to 100.71, suggesting near term sideways trading below 101.24 (Friday's Asian high) would continue with downside bias.
Offers are tipped at 101.00/10 and more above with stops reported above 101.30.
A mixture of bids and stops is noted at 100.70-65, however, more buying interest is touted above last week's 100.10 low with stops reported below 100.00.
Pay attention to release of U.S. eco. data starting with new home sales at 14:00GMT n then Dallas Fed mfg business index at 14:30GMT.
Last but now least, several FOMC members are scheduled to speak later today with Fed's Kashkari at 13:00GMT, Fed's Tarullo at 15:45GMT and then Fed's Kaplan at 17:30GMT.
Actionable trading levels delivered LIVE to YOUR charts
Mon 27 May 2019 AAGB/US- Holiday Tue 28 May 2019 A 14:00 US- Consumer Confidence C 13:00 US- Case-Shiller Wed 29 May 2019 A 08:55 DE- Employment AA 18:00 US- BOC Decision A 18:30 US- EIA Crude Thu 30 Mar 2019 AAEZ/CH- Holiday A 12:30 US- Weekly Jobless Fri 31 Mar 2019 AA 10:00 EZ- Flash HICP A 12:30 US- Personal Income, Spending, Deflator AA 14:00 US- Final Univ of Michigan
Global-View Affiliate Program
We are starting an affiliate program to market some of our products.
Send me an email if you would be interested or if you know someone who would like to be an affiliate. Generous commissions payout for those accepted.
Put the word "affiliate" in the email subject line.
looking for your first broker or do you need of a new one? There are
more critical things to consider than you might have thought.
We were trading long before there were online brokers. Global-View
has been directly involved with the industry since its infancy. We've
seen everything and are up-to-data with recent regulatory changes.