USD/JPY slightly up on positive US housing numbers - FXBeat

By FXstreet.com | Updated July 30, 2014 AAA

FXStreet (Łódź) - Jamie Coleman points out on FXBeat that today's 18.6% increase in US new home sales, following yesterday's release of data showing 5% growth in existing home sales lifted the USD/JPY somewhat.



Key quotes



"US yields are firming a tad, now at 2.612% as USD/JPY edges to fresh session highs at 10.205."



"Offers are seen in the 102.20/25 window with some small stop-loss orders above that level."



"EUR/USD is a shade lower, now at 1.3605."



Related Forex Analysis
  1. Weekly Trading Forecast: Volatility Keeps Boiling in the FX Market
    Forex News

    Weekly Trading Forecast: Volatility Keeps Boiling in the FX Market

  2. Yen Looks Past Japan Recession and Election Risk, Sentiment Trends Key
    Forex News

    Yen Looks Past Japan Recession and Election Risk, Sentiment Trends Key

  3. Trading Video: Officials Trigger Volatility for Euro, Yen and Dollar
    Forex News

    Trading Video: Officials Trigger Volatility for Euro, Yen and Dollar

  4. Strategy Video: A Volatile Thanksgiving Week for FX?
    Forex News

    Strategy Video: A Volatile Thanksgiving Week for FX?

  5. USD/JPY consolidates below 118.00
    Forex News

    USD/JPY consolidates below 118.00

Trading Center