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USDJPY News

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Last Updated Date: 7 June 2022 @ 7:07 AM (UTC)
*Please note that all the dates are in GMT time zone

Senior Japanese government officials said they were closely watching currency markets with a sense of urgency Tuesday as they returned to a heightened state of alert following a renewed slide in the yen to fresh two-decade lows.

The surge higher yesterday puts trade in a bull run that could extend the moves to the 1.3450 (February high 2002). Trade is poised for rallies. Trade should hold over 132.30 to keep upside bull forces. Close under 7584*-82* signals a topping / reversing turnover. SAR for today 129.85.

 
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