USD/JPY still on route for 107.00...

מעודכן
The Buck is trying to stop the rot, but remains some way from break-even and down vs most major counterparts against the backdrop of rising global bond yields on reflation and reopening impulses. US data in the form of initial claims and durable goods gave the Greenback a short-lived reprieve before the DXY resumed its downward spiral to a new cycle low closer to 89.500, at 89.677 in wake of more dovish and cautious Fed commentary from the likes of Bostic, George and Bullard.

However, the Yen is underperforming and nudging new y-t-d lows vs the Greenback around 106.29 and the Yen is even weaker, with USD/JPY currently near 106.40 compared to 105.00 at one stage.
עסקה סגורה: היעד הושג
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Chart PatternsdollarTrend AnalysisUSDJPYWave Analysisyen

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