Thursday, October 15, 2026

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USD/JPY falls to 118.69, market still seen heavy above 119.00

Lack of participation mostly seen behind USD/JPY slump to 118.69 in PM Very little in way of bids after jobber sales, support still pre-118.50 If Japanese bids return, pop likely as intra-day shorts forced to cover Stops…

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

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  • Lack of participation mostly seen behind USD/JPY slump to 118.69 in PM

  • Very little in way of bids after jobber sales, support still pre-118.50

  • If Japanese bids return, pop likely as intra-day shorts forced to cover

  • Stops sub 118.50, topside stops 119.10, 119.30

 

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