Nonetheless down on the day however making progress
The USDJPY has prolonged to a brand new NY session excessive at 109.42. Within the course of, the pair has moved above and away from the 200 bar MA on the 5-minute chart at 109.235, and above the 50% retracement at 109.209 (the market has based mostly in opposition to that midpoint over the previous couple of hours of buying and selling. .
The shut for the yr got here in across the 109.60 space. We’re presently about 18 or so pips from that stage. A transfer above would give the patrons much more confidence.
The Nasdaq is up about 18 factors. The S&P is buying and selling above and beneath the unchanged line presently. The Dow is down -19 factors however is up round 140 factors from the low.