News Headline Summary
JPY strength continues to be observed across the board, supported by risk averse flows and also squaring of long USD/JPY positions on the back of better bid USTs which have been on an upward trend throughout the session today...
Analysis details (13:35)
- EUR/JPY has now broken through both 50- and 100DMA levels at 130.03 and 129.90 respectively, session low seen at 129.85.
- Also, the gradual decline by USD/JPY saw the pair move below the 21DMA at 97.84, session low seen at 97.42.
27 Aug 2013 - 13:32
Subscribe Now to RANsquawk
Click here for a 1 week free trial
RANsquawk provides audio news and commentary for over 15,000
professional traders and brokers worldwide. Services include:
Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
Teams of analysts covering equities, fixed income, FX and energy markets
Real-time scrolling news service with instant analysis
Daily and weekly pre-market research and calendars
Video updates covering near-term key risk events & primary trading themes
One-to-one chat with our expert analysts