US dollar trying to get back on its feet
USD/JPY is now up 30 pips on the day as it breaks above the US high. The pair made a nice series of higher lows in the past 24 hours in a sign that dip buyers are waiting to fill bids.
USD/JPY makes a mini-break
Adam Button
04/06/2015 | 02:00 GMT
Most Popular
- In-line CPI report leads to a blockbuster day for US stock markets
- US November NFIB small business optimism index 101.7 vs 94.2 expected
- US stocks open higher led by the NASDAQ index
- USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- ForexLive European FX news wrap: USD/JPY sticks with the early bounce, ADP up next