FXstreet.com (San Francisco) - USD/JPY is finding buying interest this Wednesday ahead of the U.S. Federal Reserve's policy meeting and German Constitutional Court ruling, having risen to an intraday high of 77.95 vs. 77.75 late Tuesday. Price looks poised to retest broken support at the 78.00 figure (Sep 9 low), and is last quoted at 77.90.
Risk-on equities in Asia appear to be following Wall Street’s lead, helping to drag the pair higher as yen trumps dollar as a safe-haven refuge. At the time of writing, Japan 225 is up 34.12 points, or 0.39% at 8841.50. S&P/ASX 200 is up 10.71 points, or 0.25% at 4336.50. Hang Sen 40 is up 30.71 points, or 0.15% at 19857.88. S&P CNX Nifty is up 26.55 points, or 0.50% at 5390.00.
Risk-on equities in Asia appear to be following Wall Street’s lead, helping to drag the pair higher as yen trumps dollar as a safe-haven refuge. At the time of writing, Japan 225 is up 34.12 points, or 0.39% at 8841.50. S&P/ASX 200 is up 10.71 points, or 0.25% at 4336.50. Hang Sen 40 is up 30.71 points, or 0.15% at 19857.88. S&P CNX Nifty is up 26.55 points, or 0.50% at 5390.00.
