EUR/USD continues to hug the 1.2300 handle

The pair is in a 30 pips range for the dayBuyers tried to make a run for it to the topside, but stalled at the highs of 1.2325 before settling back down to the 1.2310 level.It pretty much looks like we’ll be doing battle around the figure level for today as we have a large […]

USDJPY orders 16 March — In retreat. Again.

Currently 105.68 after finally falling through 105.80Trade wars, a wooly White House, softer USD and year-end yen repatriation all combining still.Plenty of option interest again today and will help cap rallies. Offers building already around 105.80-85 which becomes a little pivotal and larger into 106.00Decent demand still into 105.50. Barrier option defence at 105.00 below thatI still prefer jobbing from the USDJPY rally-sell/yen-long side for […]

Yen extends gains on the day as dollar slips

USD/JPY touches session low of 105.65Meanwhile, the dollar index breaks below 90 and is at session lows for the day as well.The dollar is falling a little across the board but it’s mainly yen strength at play for the time being. EUR/JPY is at session lows of 130.20 as well, while GBP/JPY, AUD/JPY, and NZD/JPY […]