April 19 (Bloomberg) -- The yen strengthened for a third day against the dollar after a report showed demand for services in Japan unexpectedly rose to a record in February.
Another overnight Yen bid and futures drop. The one hope for bulls is the jobs data pre-open which could boost the dollar. For now, you should be flat or hedged with long JPY June above 0.008514. Key dollar/yen support will be 118.
Another overnight Yen bid and futures drop. The one hope for bulls is the jobs data pre-open which could boost the dollar. For now, you should be flat or hedged with long JPY June above 0.008514. Key dollar/yen support will be 118.
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on Wednesday, April 18, 2007 at 4/18/2007 10:05:00 PM.
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