Thursday, October 15, 2026

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USD/JPY back up by Tues's hi on broad USD bid post GDP; 124.56 key

USD/JPY back up by Tues's hi & 50% of the Jun slide at 124.81/16 after US GDP Mix of ex & spec offers at 124.18-25 & 124.50-56; 124.56 is 61.8% of Jun wide Treasury yields have recovered from knee-jerk GDP dip (Inventori…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/JPY back up by Tues's hi & 50% of the Jun slide at 124.81/16 after US GDP

  • Mix of ex & spec offers at 124.18-25 & 124.50-56; 124.56 is 61.8% of Jun wide

  • Treasury yields have recovered from knee-jerk GDP dip (Inventories revised up) 

  • Importers, pensions & some spec bids being trailed up above last hourly lows

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By FxWirePro Team