Not wanting to be left out of the fun and games in the pound and euro we’ve just ambled higher from the 102.23 lows to test the early European session highs at 102.55/60 and the 100 h4 ma at 102.55 also.
USD/JPY h4 chart
With zilcho on the calendar until later tonight we’re going to watching stocks and bonds for inspiration, unless any chatterboxes decide they want to tapebomb the market.
US stocks are just off the highs and haven’t exerted themselves too much in early exchanges. US 10’s are yielding 2.75% and at the highs of the day.
US 10 yr yields
A break back into 2.80% could see USD/JPY having a look at the 103 level.
Ah, the 100 h4 ma, perfect spot to stop for lunch
