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Daily Market Outlook (25 Nov 2020)
Update Time: 25 Nov 2020 07:32GMT
Next Update At: 00:30GMT
USD/JPY - 104.50

Dollar's jump from 103.69 to 104.63 on Monday due to rise in U.S. Treasury yields, then 104.75 in New York yesterday suggests recent decline from November's 105.67 peak has made a temporary low at 103.66 last Wednesday and consolidation would be seen before heading to 105.13/15  
On the downside, only below 104.15 (Tuesday's low) may risk weakness to 103.86/90.

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