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5 Feb 2015
http://www.fxstreet.es/analisis/el-escner-del-da/2015/02/05/
FXStreet (Edinburgh) - The US dollar is almost unchanged vs. the Japanese yen on Thursday, with USD/JPY meandering the 117.30 area so far.
USD/JPY eyes on US data
The pair is extending its consolidative pattern between 117.00 and 118.00 this week, with investors’ focusing on the ECB-Greek front and the US docket. In fact, US Payrolls on Friday will surely determine the very short term direction in spot, with consensus expecting the US economy to have created 234K jobs during January and the unemployment rate to stay put at 5.6%.
Just a few releases in the Japanese calendar: the Leading Economic Index and Coincident Index, both due tomorrow.
USD/JPY levels to watch
The pair is now up 0.01% at 117.32 with the immediate hurdle at 118.00 (high Feb.4) followed by 118.30 (Kijun Sen) and then 118.47 (high Jan.30). On the flip side, a breakdown of 116.87 (low Feb.3 would aim for 116.64 (low Feb.2) and finally 115.85 (2015 low Jan.14).
USD/JPY eyes on US data
The pair is extending its consolidative pattern between 117.00 and 118.00 this week, with investors’ focusing on the ECB-Greek front and the US docket. In fact, US Payrolls on Friday will surely determine the very short term direction in spot, with consensus expecting the US economy to have created 234K jobs during January and the unemployment rate to stay put at 5.6%.
Just a few releases in the Japanese calendar: the Leading Economic Index and Coincident Index, both due tomorrow.
USD/JPY levels to watch
The pair is now up 0.01% at 117.32 with the immediate hurdle at 118.00 (high Feb.4) followed by 118.30 (Kijun Sen) and then 118.47 (high Jan.30). On the flip side, a breakdown of 116.87 (low Feb.3 would aim for 116.64 (low Feb.2) and finally 115.85 (2015 low Jan.14).