Japanese Yen, USD/JPY, AUD/JPY, IG Shopper Sentiment - Speaking FactorsAnti-risk Japanese Yen eyeing US-C
Japanese Yen, USD/JPY, AUD/JPY, IG Shopper Sentiment – Speaking Factors
- Anti-risk Japanese Yen eyeing US-China commerce deal and Fed repos
- USD/JPY and AUD/JPY outlook might favor upside on positioning
- USD/JPY might prolong uptrend from August, is AUD/JPY stalling?
Japanese Yen, USD/JPY, AUD/JPY in Focus Forward of Commerce Wars and Fed Repos
This week, I mentioned the outlook for USD/JPY and AUD/JPY incorporating IG Shopper Sentiment into basic and technical evaluation. Themes lined included the US-China “part one” commerce deal and the Federal Reserve’s repo operations. The latter is probably going going to be a key driver for market sentiment and thus spillover into the anti-risk Japanese Yen. However what does dealer conviction must say going from right here?
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Jan 22
( 01:01 GMT )
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