- Intra-day bears looking for hourly close sub 118.61, bids seen at 118.00, 118.20 & 118.40
- Spot's correlation with 5year UST/JGB yield spread 30-day +0.69
- Decline triggered by position adjustments in spot and stocks
Technicals
Add as a preferred source on GoogleUSD/JPY remains bearish
Intra-day bears looking for hourly close sub 118.61, bids seen at 118.00, 118.20 & 118.40 Spot's correlation with 5year UST/JGB yield spread 30-day +0.69 Decline triggered by position adjustments in spot and stocks
1 min read
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