Previous close | 154.3200 |
Open | 154.3220 |
Bid | 154.0850 |
Day's range | 153.9510 - 154.4080 |
52-week range | 133.0260 - 154.7610 |
Ask | 154.0980 |
The US dollar continues to see a lot of upward pressure against the Japanese yen, as the interest rate differential continues to favor the greenback, especially on Wednesdays, when the swap is triple.
The USD continues to look very strong, as we are likely to continue to reach toward the 155 yen level. This market will continue to see a lot of buyers on dips from what I see.
The USD continues to be strong, and we have seen more buying on Monday against the Yen as the interest rate differential continues to power this pair.