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Fundamental Analysis
AceTraderFx: Intra-Day Market Moving News and Views
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[QUOTE="AceTRaderForex, post: 196145, member: 22847"] [B]AceTraderFx [COLOR=darkred]Jun 07: [/COLOR]Intra-Day News and Views & data to be released today – USD/JPY[/B] [B]Intra-Day Market Moving News and Views[/B] Update Time:[B] 07 Jun 2021 [/B][I]05:30GMT[/I] USD/JPY - 109.57.. Dollar is nursing loss after Friday's fall from a near 2-month peak of 110.33 (Asia) to as low as 109.37 in New York morning on Friday as release of weaker-than-expected US. payroll and sharp fall in U.S. yields (benchmark 10-year, circa 1.5721% tumbled from 1.6350% to 1.550%) led to broad-based usd's bashing. Although intra-day recovery 109.63 ahead of Tokyo open is likely to bring range trading ahead of European open, as said Friday's fall signals recent upmove has made a temp. top n stops below 109.30 are now in focus. Offers are tipped at 109.60/70 with stops above 109.90 while bids are noted at 109.45/35 with stops below 109.30. No U.S. econ. data is due out today so traders may take cue form intra-day move in U.S. yields. [/QUOTE]
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