Intraday Analysis from FXMarketAlerts.com
Receive FREE Weekly Strategies.Published at 05:45 (GMT) 19 Nov
MoF Fujii verbal intervention to cap JPY rise as it nears 88 handle again? MoF Hirohisa Fujii says he never had intention to promote JPY's rise so as to hurt exports. Should avoid global FX devaluation. On FX, USD/JPY remains steady at 89.12-15, good bids still at 89.00 handle, offers at 89.40-50, with focus on the huge 89.50 digital option expiry, shortly at 0600GMT Tokyo cut. USD INDEX firmer today, +0.19% at 75.249, eye test of 76.00.WL








