Currently 122.18 tightly contained still
Offers: 122.60 122.85 123.00 123.50 124.00 (strong) 124.50 124.80 125.00
Bids: 122.00 121.80 121.50 121.00 (demand growing) 120.80-85 120.50 120.00
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EURJPY orders 8 Dec
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- In-line CPI report leads to a blockbuster day for US stock markets
- US stocks open higher led by the NASDAQ index
- USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- BOJ reportedly erring towards keeping interest rates unchanged next week
- USD/JPY back above 153.00
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