Report White House has no ongoing talks about action on Amazon
![](http://az705044.vo.msecnd.net/20180403/2018-04-03_12-09-15.jpg)
There is a report that there is no ongoing White House talks about action on Amazon and that has sent the shares higher (up 2.88% now up $39). The S&P is trading up 26 points and is back above the 200 day MA at 2590.
![](http://az705044.vo.msecnd.net/20180403/2018-04-03_12-13-34.jpg)
That has led the USDJPY higher on "risk on" flows. The pair is trading at new session highs for the day and is testing a swing high area between 106.597 and 106.687 (see earlier post). The price just reached 106.65.
A move above would look toward 107.00 high from last week and the underside of the broken trend line.