SYFX

USD/JPY may drop back towards 106-107 as Japanese exporters maintain dollar selling – Daiwa

Summary

By sueyangfx.com April 14, 2021 at 06:08AM The firm notes that Japanese exporters have been steadily selling the pair after having climbed above the 110.00 level Daiwa Securities is out with a note saying that USD/JPY could see a consolidation […]

April 14, 2021 at 06:08AM

The firm notes that Japanese exporters have been steadily selling the pair after having climbed above the 110.00 level
Daiwa Securities is out with a note saying that USD/JPY could see a consolidation period after the rapid gains in the last month, with the potential for that to correct towards 106 and 107 as Japanese exporters

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