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1 Apr 2015

SEB: USD/JPY bearish below 118.93 – eFXnews

FXStreet (Barcelona) - The eFXnews Team notes SEB views that USD/JPY's bearish tone might renew on a break below 118.93, with the pair awaiting a break from the 118.93-120.37 range.

Key Quotes

“The downside rechecks became too deep to sustain the near-term bullish impression from gains scored the day before yesterday and this leaves the market in limo, waiting for a move outside 118.93-120.37. Below the former would strongly suggest extension to/below supports at 188.33/11.”

This content has been provided under specific arrangement with eFXnews.
Apr 1, 2015

Private sector added 189K jobs in March – ADP

The data released by the Automatic Data Processing, Inc, (ADP) showed today that the private sector in the US added 189,000 jobs in March. Economists had called for the report to show private employers added 225,000 jobs in March, compared to 214,000 additions seen in February.
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Apr 1, 2015

USD/JPY retreats after ADP employment data

USD/JPY incher lower and dipped back below the 120 mark after ADP data showed the US private sector added fewer jobs than expected in March.
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