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USD/JPY price toward 124.50 as ISM puts Q2 fears to rest

USD/JPY price boosted toward 124.50 on mildly above forecast ISM, strong Construction Spending 161.8% off March base is at 124.91; 161.8% off '14 base at 125.17 Decent barriers and stops beyond 124.50; far more at/above …

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  • USD/JPY price boosted toward 124.50 on mildly above forecast ISM, strong Construction Spending 

  • 161.8% off March base is at 124.91; 161.8% off '14 base at 125.17

  • Decent barriers and stops beyond 124.50; far more at/above 125

  • Still little total Fed tightening being priced in over next two years

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