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USD/JPY, EUR/JPY Flows − Japan IP +0.5%m/m, eye Dubai/UAE, Nikkei, BoJ/MoF
Mon, Nov 30 2009, 00:09 GMT
by FXMarketAlerts Team
Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 23:56 (GMT) 29 Nov
Cautious Monday trading with focus on Dubai and moves by UAE to provide liquidity to calm fears - more next. Japan IP for October +0.5%m/m, vs forecast of +2.5%, while Manufacturers output seen at +3.3% in November. ON FX, USD/JPY at 86.67-70, with focus still on any MoF/ BoJ intervention or rumours, support at 86 lows, while offers ahead of 87.10-20 from Japanese exporters, focus on any Nikkei recovery. EUR/JPY back above key 130.00, support at 129.50-60. WL
Published on Mon, Nov 30 2009, 00:11 GMT
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