September 23, 2024 10:31 GMT
USD: A full reversal in the USDJPY
USD
- From the worst overnight performer against the Dollar in G10 (down 0.21%), to now the best performer, up 0.36%, the Yen has seen another Volatile 114 pips session.
- Last Week's low of 114.16 has held in Tnotes (TYZ4), and the Futures contract is slowly moving back towards flat on the day (lower Yield), with Treasuries underpinned following the European PMI misses ahead of the US session.
- USDJPY is through a new intraday low, some might look at the 143.00 figure next, while small support is seen at 142.83.
- Much further out, 141.74 was the printed low on the BoJ Friday.
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