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Thomson Reuters
May 16 - 05:00 AM
USD/JPY - Does Little In Asia, Consolidates, 110.20-38
First appeared on eFXplus on May 16 - 02:40 AM
  • USD/JPY consolidates after trade up to 110.45 overnight, Asia 110.20-38.
  • Quiet for most part, pair holding above 200-DMA at 110.17.
  • Offers noted from ahead of 110.50, trail up, some stops mixed in above.
  • Japanese exporters amongst those on offer, assuming 105 this fiscal half.
  • 55-WMA at 110.47 helping to cap, also USD590 mln option expiries at 110.50.
  • Bids eyed from @110.00, more towards 109.70-80 USD430 mln option expiries.

USD/JPY: Click here

Source:
Thomson Reuters IFR Markets

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