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USD/JPY sets new highs ahead Yellen

USD/JPY breaks recent highs as pre-Yellen flows reflect wide bid for dollars EUR/JPY stops reached above 100-HMA 135.18 More influential 200-HMA 135.29 USD/JPY offers seen 119.80-90 Larger supply seen towards mid 120's U…

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  • USD/JPY breaks recent highs as pre-Yellen flows reflect wide bid for dollars

  • EUR/JPY stops reached above 100-HMA 135.18

  • More influential 200-HMA 135.29

  • USD/JPY offers seen 119.80-90

  • Larger supply seen towards mid 120's

  • USD 500mln 119.75 expiries and USD 1.2bln 120.00's

  • Upside progress expected to hold ahead Yellen at 15GMT also cut for expiries 

 

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