Intra-Day Market Moving News and Views
19 Aug 2016 01:09GMT
USD/JPY - ...... The greenback proved quite tricky to trade as despite initial rise from Asian low at 99.65 to 100.35, price briefly retreated to 99.74 in early Europe before rising to intra-day high at 100.50 in Europe.
However, dlr pared its gains n dropped to 99.85 in New York afternoon before rebounding again to 100.44 at Asian open today.
Since there is no major economic data due today, price is likely to trade in choppy fashion.
Bids are now seen at 99.80/90 and more below at 99.60/70 with stops building up below there whilst initial offers are noted at 100.90/00.
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