Trial now

USD LIBOR - 08/12/2021


EUR LIBOR - 08/12/2021


GBP LIBOR - 08/12/2021


Big Swing in Rates On Vaccine Headlines

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Broader greenback strength pushed USD/JPY higher Wednesday, allowing the rate to test resistance from Mar 10, 2017 high of Y115.51.

  • Japan's services PPI rose 1.0% Y/Y in October, marginally beating the median estimate of 0.9%.
  • Final machine tool orders will be published later today, with Tokyo CPI coming up Friday.
  • The rate last operates at Y115.41, barely changed on the day. A firm push through Mar 10, 2017/yesterday's highs of Y115.51/52 would shift focus to Jan 11, 2017 high of Y116.87. Conversely, bears need a dip through Nov 19 low of Y113.59 to get some reprieve.