Intraday market moving news and views
Update Time: 15 Aug 2022 05:30GMT.
Intraday USD/JPY - 133.19
Although dlr's rally from 131.74 (Thursday) in tandem with US yields to 133.89 Friday suggests recent fall from last Monday's peak at 135.57 has made a low, subsequent strong retreat to 132.92 in Asia would bring consolidation with downside bias, below 132.92, 132.62.
As 133.36 has capped recovery, sell at 133.30 for 132.80 but 132.04 would hold.
Above 133.59, 133.89.
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