Thursday, October 15, 2026

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USD surging broadly pre FOMC & London close, lifts USD/JPY

USD/JPY 124.20+ stops (Jun 12 high) run, USD surging broadly pre FOMC & London close EIA Crude & Gasoline stocks not as bullish as forecast: oil drops aids USD lift 61.8% of 125.86-122.46 drop is at 124.56 & Jun 10 high …

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/JPY 124.20+ stops (Jun 12 high) run, USD surging broadly pre FOMC & London close

  • EIA Crude & Gasoline stocks not as bullish as forecast: oil drops aids USD lift 

  • 61.8% of 125.86-122.46 drop is at 124.56 & Jun 10 high is at 124.63

  • Rising USD-JPY yields spreads doing the macro lifting

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