> Yen demand prevailing and sends core pairs lower

Yen demand prevailing and sends core pairs lower

Monday, 21/08/2017 | 06:51 GMT-0

Yen demand notable as European desks get underway 21 Aug

USDJPY capping around 109.25 and GBPJPY down to 140.30, EURJPY down to 128.10, AUDUSD down to 86.44 sends GBPUSD down from 1.2875 to 1.2855 after finding sellers around 1.2880 again.

EURUSD lower at 1.1735 from 1.1760 with AUDUSD 0.7920 from 0.7934.

Cable demand expected below 1.2850 into 1.2835 again but also decent sell interest between 1.2880-00 and more into 1.2920 again so there's your range.