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JPY: Testing broader lows

JPY
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  • The Yen is seeing wider lows against the EUR, GBP, AUD, and the USD now.
  • The initial moves seem to have been led by Ueda comment that Upside inflation risk have eased, while the rest of his comments were more about being open on rates depending on the Data and if the outlook was realised.
  • GBPJPY sees next resistance a little further out, up to 191.19, the 76.4% short term retrace of the September fall.
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  • The Yen is seeing wider lows against the EUR, GBP, AUD, and the USD now.
  • The initial moves seem to have been led by Ueda comment that Upside inflation risk have eased, while the rest of his comments were more about being open on rates depending on the Data and if the outlook was realised.
  • GBPJPY sees next resistance a little further out, up to 191.19, the 76.4% short term retrace of the September fall.