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Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 135899, member: 22847"] [B]AceTraderFx Sept 15:: Intra-Day Market Moving News and Views -USD/JPY[/B] [B]Intra-Day Market Moving News and Views 15 Sept 2017[/B] [I]3:30GMT[/I] USD/JPY - 110.16.. Dlr is currently trading near Thursday's New York low after having spiked lower from 110.25 to to 109.55 on news of another missile launch by North Korea after tripping stops below 109.90. However, the pair swiftly pared intra-day losses n bounced back to 110.00/10 and then inched higher to 110.24/25 in subdued Asian trading. Although dlr has taken today's North Korea missile launch in its stride, as yesterday's decline from a 1-month peak at 111.04 to 110.07 in New York signals recent upmove has made a temp. top, rallied will be sold on safe-haven yen buying, The UN Security Council will meet at 3 p.m. ET (19:00GMT) later today on the latest North Korea missile test, diplomats said, at the request of the United States and Japan. Offers are tipped at 110.25/35 and more above with stops above 110.75. Bids are noted at 109.90/80 and more below with stops building below 109.50. U.S. will release a slew of eco. data starting with retail sales, New York Fed mfg, mfg and industrial output, cap. utilization, bus. inventories and then University of Michigan consumer confidence. [/QUOTE]
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