Category: hour
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USDJPY moves back to 100/200 hour MAs
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USDJPY fell sharply in the Asian session after breaking below the swing zone at 154.778 and 154.878. The decline saw the price move to and through another target area near 153.99 (we call it 154.00). The low price extended down to 153.595 before starting its bounce back higher. This bounce…
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US treasury to auction off $58 billion of 3-year notes at the top of the hour
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The US Treasury will sell US$58 billion of the three notes at the end of the hour. The results will be compared to six-month averages of the main components of the aggregate demand measure. Key components and their six-month averages and widths: Tail: 6-month average 0.1 basis point. Previous auction…