Forex News USD/JPY currently right up against important long-term 107.20 resistance with support 106.00, RBC Capital Markets senior currency strategist Sue Trinh says; adds more solid support at 104.10. Notes USD/JPY "has not been driven by domestic news for quite some time" with not much by way of data this week either; risk sentiment likely to be key driver of pair throughout week with Washington Mutual, Wachovia results potentially taking "shine out of overall risk appetite". Pair last 106.91.
0 comments:
Post a Comment