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Asia morning update - USD/JPY testing its overnight high (thanks, Janet)

Eamonn Sheridan
03/01/2018 | 23:34 GMT

The USD found a renewed bid overnight in particular on the release of the Federal Open Market Committee December meeting minutes

  • USDJPY nearly makes it to the 100 hour MA after minutes
  • US dollar ticks higher after FOMC minutes
  • FOMC Minutes: Most backed continued gradual rate hikes

USD/JPY is back testing its post-minutes high as I update:

Just a quick note on AUD/USD - there are some stops clustered beneath 0.7820/25, which makes sense on a quick look at its chart:

Bids again at 00/05

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