USD/JPY climbs into European session

FXstreet.com (Barcelona) – USD/JPY has steadily climbed overnight and into the European session, posting a high at 101.77, before dipping to where we are currently trading at 101.67, up 0.4% on the days trading.

USD/JPY buoyed by BoJ comments ahead of 102 target

USD/JPY remains near term bullish ahead of the 102 key level, notes Emmanuel Ng, FX Strategist at OCBC Bank, with investor sentiment buoyed by the BoJ’s commentary yesterday. Peter Fell of FXBeat comments that the pair was bid overnight on retail demand, commenting “Nikkei now only -0.25% down, from -0.65% at the open.” on Japanese retail demand, …read more