Dollar getting some love as the good old US of A come online via ForexLive

Loading...
Loading...

105.00 trades again in USD/JPY as the US come roaring back from a day off.

The pound has another look at the lows around 1.6520 and the aussie is feeling some pressure as it trades to a new low at 0.9276.

With the ISM as the biggest data point today any dollar dip buyers would be hoping for a nice stinky report to buy into, if it presents a decent enough fall.

It's hard to see it slumping to any large degree but a break of 104.75/80 may see  a few stops hit. 104.35/40 would be a likely spot to start grabbing some longs.

USD/JPY M15 chart 02 09 2014

posted via ForexLive

Market News and Data brought to you by Benzinga APIs
Posted In: ForexGlobalEconomics
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...