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Forex Discussions
Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 193229, member: 22847"] [B]AceTraderFx[B][COLOR="darkred"] Mar 25: [/COLOR][/B]Intra-Day News and Views & data to be released today – USD/JPY Intra-Day Market Moving News and Views[/B] Update Time[B]: 25 Mar 2021[/B] [I]05:30GMT[/I] USD/JPY - 108.94.. Despite dlr's retreat from Wednesday's high at 108.95 to 108.67 in New York session in tandem with intra-day pullback in U.S. yields, the pair caught a bid at Tokyo open as news of N. Korea's firing of 2 ballistic missiles in Australian morning time triggered broad-based yen selling. Intra-day brief break above 108.95 to 108.98 suggests correction from March's 9-month peak at 109.36 has possibly ended n consolidation with upside bias is expected. Bids are noted at 108.75/65 and more below with stops reported below 108.35 while offers are tipped at 109.00/10 with stops above 109.15 and more stops are building up above 109.40. U.S. will release a slew of eco. data, please refer to our EI page for details n pay attention to release of weekly jobless claims and continued jobless claims to gauge the latest U.S. employment situation. We have a number of Fed officials scheduled to speak in New York morning as well as in the afternoon session. [/QUOTE]
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