USD/JPY slightly up on positive US housing numbers - FXBeat

FXStreet (Łódź) - Jamie Coleman points out on FXBeat that today's 18.6% increase in US new home sales, following yesterday's release of data showing 5% growth in existing home sales lifted the USD/JPY somewhat.

Key quotes

"US yields are firming a tad, now at 2.612% as USD/JPY edges to fresh session highs at 10.205."

"Offers are seen in the 102.20/25 window with some small stop-loss orders above that level."

"EUR/USD is a shade lower, now at 1.3605."

US new home sales May jump possibly a one-off - ING

Teunis Brosens from ING points out that data released today showed that US new home sales jumped 18.6% in May to 504K, beating consensus, but believes that this sharp increase is a one-off.
مزید پڑھیں Next