HelenRush

Markets Knocking On Heaven’s Door

FX:USDJPY   U.S. Dollar / Japanese Yen
D. Trump announced a new round of financial sanctions against North Korea on Thursday. And the «hermit kingdom» wasted little time in responding. The leader of North Korea can’t help but bothering markets. This time the menace is quite serious since we may be talking about hydrogen bomb test in Pacific.
It’s obvious that the traders’ attention is now far from FOMC and its monetary policy . Geopolitics is the major issue for today. Friday is passing by under the egis of safe-heavens.
JPY, CHF and gold grew across the board. USD/JPY lost almost 100 points, dropped below the strong support line at 112.00 and touched session lows near 111.65 in the European morning.
During the last couple of hours the pair has been trying to get back the psychological mark 112.00 which seems unlikely for today. Further slide might open the door to the intermediate support near 111.43.
But, usually the entire story with the nuclear tests ends with stabilization. So, it’s quite possible that USD/JPY will make a U-turn and surge towards the fresh highs.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out