OctaFX | OctaFX Forex Broker
main_menu_masthead_awards
Konto eröffnen Anmelden
de
    OctaFX | OctaFX Forex Broker
    Anmelden
      Konto eröffnen
      Back

      USD/JPY gaps up on a cautiously hawkish Yellen

      FXStreet (Guatemala) - USD/JPY is currently on the bid having gapped higher to 120.40.

      USD/JPY has gapped higher as bulls get behind the Greenback with Yellen suggesting a rate hike will come this year depending on data. USD/JPY gapped to test yesterday's highs of 120.30 scoring that aforementioned high.

      Elsewhere, equities were closing in the red again and risk is off while investors leave idle capital elsewhere. Durable goods were not kind to the dollar, with a mixed report, inline headline and soft revisions.

      USD/JPY levels

      Technically, we are training in familiar ranges with 120.80 remaining as key resistance and the pivot at 120.15 broken on this knee jerk spike making way for 120.68 R1. MA's are coming with a bullish bias while MACD on the hourly has been developing a positive reading during the minor recovery from 119.20 and S2. This guards 118.81.

      Fed Yellen says she expects a rate hike later this year

      Federal Reserve Chair Janet Yellen said she expects a rate hike later this year and reiterated that the timing depends on economic outlook.
      Mehr darüber lesen Previous

      EUR/USD falls below 1.1200 after Yellen remarks

      EUR/USD dropped more than 60 pips and dipped back below the 1.12 mark as the dollar received a boost after Federal Reserve Chair reaffirmed its intention to raise rates this year.
      Mehr darüber lesen Next
      Start livechat