Friday, October 16, 2026

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USD/JPY consolidates after losses yesterday

Pair trading range bound from 122.63 to 123.19 Most of action around expiring 123.00 options, 830 mln, 2.1 bln tomorrow NZD/JPY gaps down, some surprised by RBNZ OCR cut, steadies between 86.21-76 AUD/JPY rallies, 94.59 …

By Earlence Fernandes
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Pair  trading range bound from 122.63 to 123.19

  • Most of action around expiring 123.00 options, 830 mln, 2.1 bln tomorrow

  • NZD/JPY gaps down, some surprised by RBNZ OCR cut, steadies between 86.21-76

  • AUD/JPY rallies, 94.59 to 95.70 after good jobs report, yesterday loss recouped

 

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Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team