The US dollar is gathering momentum, especially against the yen and Australian dollar. The latest leg comes after extremely strong JOLTs numbers for April.
USD/JPY, in particular, turned around after touching a session low at 102.22. The pair most recently climbed to 102.43. Offers at yesterday’s high of 102.66 with more at 102.80, 102.85 and larger sellers at 103.00 with stops above.
