Robert Fullem

Nov 4, 2024 | efxdata.com | Robert Fullem

USD/JPY trims drop after testing key support at its 200-DMA of 151.57 amid lower Treasury yieldsSession range remains 151.54 to 152.95 on EBS with volumes muted ahead of US elections on Tuesday One-week implieds move above 18.0% to a three-month high ahead of this week's US election outcome and an FOMC policy decision Key resistance is at the double-top of 153.87-88 from last week and the 154 psychological level Supports below the 200-DMA include the Oct. 23 low of 151.04, Oct.

Oct 30, 2024 | efxdata.com | Robert Fullem

USD/JPY stays in a narrow EBS trading range of 152.78-153.505 ahead of the Bank of Japan meeting Thursday Month-end dollar sales and lower long-term Treasury yields help cap USD/JPY gains after upbeat US ADP, housing data Double-top at 153.87-88 is resistance ahead of the 154 psychological level Nearby support is at the 152.38 Oct.

Oct 29, 2024 | efxdata.com | Robert Fullem

The dollar was mixed on Tuesday as U.S. share gains and higher Treasury 10-year yields weighed on other haven currencies. U.S.data showed a surge in consumer confidence, a notably wider trade deficit, a softening labor market and cooling home price growth. The Conference Board's consumer confidence index posted its strongest monthly gain in 3-1/2 years on hopes share prices would rise next year.

Oct 28, 2024 | efxdata.com | Robert Fullem

The dollar was mixed on Monday as lower oil and higher Treasury yields weighed on commodity currencies while equity market optimism helped lift EUR/USD. U.S.equity indexes rose following similar gains in Europe and Asia. Traders were awaiting tech earnings and jobs data later this week. Treasury yields firmed after 2-year and 7-year note auctions and a report showing the Dallas Fed manufacturing index improved to -3, its least negative reading in more than two years.

Oct 25, 2024 | efxdata.com | Robert Fullem

USD/JPY quietly sets new session high of 152.295 amid firmer Treasury yields and higher oil Looks to close above its weekly Ichimoku cloud top at 151.81 and 152 pivot level as it posts its fourth weekly gain Nearby resistance is seen at 152.35 ahead of the weekly high of 153.19 and 153.75 daily upper Bollinger One-day USD/JPY volatility is over 12% ahead of the closely-watched weekend elections in Japan Intervention concerns are building after MOF FX watchdog Mimura warned Thursday about...