It’s been a quiet US session with most pairs stuck in narrow ranges despite a better tone in risk assets following the Philly Fed.
The latest push has helped USD/JPY to the highest levels of US trading, touching 102.54 from 102.32 at the European close. If the pair can climb above 102.55 it could trip some buy stops.
Other offers
- Post FOMC high 102.68, sellers ahead
- 102.80, 55-dma sellers
- Strong offers at 103.00
Bids
- Bids at 102.25/20
- Strong bids at 102.00
- Medium-sized bids near 101.50