Kshitij Consultancy Services
Graph Gallery WHERE ARE THE GLOBAL MARKETS GOING?
TECHNICAL CHARTS
FUNDAMENTAL CHARTS
Morning Briefing Dollar-Yen (111.29) has made a low at 110.59, not too far away from our target of 110.00 but no sign of any bottoming action is visible yet. Some sideways consolidation in the band of 110.50-112.00 may take place for the next few sessions, which may resolve to the downside.
The US-Japan 10YR (2.37%) has bounced in line with our expectation and while it tries to move up in the near term, it could pull up Dollar-Yen along with itself.