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Daily Market Outlook
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| Daily
Market Outlook (08 Dec 2023) |
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| Update
Time: |
08 Dec 2023 08:55GMT |
| Next Update
At: |
00:30GMT |
USD/JPY - 143.89
Despite yesterday's selloff on active buying in yen to a 4-month 141.73 (Reuters) bottom, subsequent strong bounce to 144.39 at European open today signals recent decline has made a temporary low there and stronger retracement to 144.55/60,
then 144.95/00 would be seen but 145.25/29 may hold.
On the downside, a daily close below 143.00/10 would risk weakness back towards 142.50 (Asia), break, 141.73 again. |
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