2021-03-08 10:45:01 10:45 03/08/21 03/0810:45 03/08/2110:45 | FX Action: USD-JPYFX Action: USD-JPY topped at new nine-month highs of 108.84, up from early lows of 108.56, and overnight lows of 108. 31. USD-positive interest rate differentials continue to drive the pairing higher, especially since BoJ's Kuroda last week said it was not time to widen the central bank's target yield controls, which has kept JGBs near zero, as Treasury rates continue to soar. In addition, the U.S. economic growth outlook appears to be ready to outrun the Japanese economy for the foreseeable future, another reason to keep USD-JPY on the upswing. The psych 109.00 level is the next upside target. |
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Technical Analysis
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NASDAQ market internals summary »
13:17 04/16/21 04/1613:17 04/16/2113:17
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Bristol-Myers confirms FDA approves Opdivo combo for gastric cancer »
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Treasury Dealer Agenda: the May refunding is on the near horizon »
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Baker Hughes reports U.S. rig count up 7 to 439 rigs »
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Pinterest selloff a 'tactical buying opportunity,' says Bernstein »
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Baker Hughes reports U.S. rig count up 7 to 439 rigs
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Sonos call volume above normal and directionally bullish »
13:05 04/16/21 04/1613:05 04/16/2113:05
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Squarespace files to come public, applies to list on NYSE under symbol 'SQSP' »
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Publicis price target raised to EUR 63 from EUR 54 at Credit Suisse »
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ASML price target raised to EUR 630 from EUR 540 at Credit Suisse »
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ASM International price target raised to EUR 315 from EUR 265 at Credit Suisse »
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Yara price target raised to NOK 360 from NOK 350 at Credit Suisse »
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HelloFresh price target raised to EUR 95 from EUR 81 at Credit Suisse »
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Entain price target lowered to 1,850 GBp from 1,852 GBp at JPMorgan »
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Deutsche Wohnen price target raised to EUR 51 from EUR 43 at JPMorgan »
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Deutsche Bank price target raised to EUR 10 from EUR 9.60 at JPMorgan »
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BT Group price target raised to 230 GBp from 175 GBp at JPMorgan »
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$140k call sale in Gold Fields reloads trade opened on March expiration date »
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Altimeter Growth Corp call volume above normal and directionally bullish »
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Recursion Pharmaceuticals opens at $30, IPO priced at $18 per share
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U.S. exceeds 200M COVID-19 vaccine doses administered »
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CVC to postpone Toshiba buyout offer after company names new CEO, Nikkei says »
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