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Daily Market Outlook
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| Daily
Market Outlook (10 Feb 2025) |
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| Update
Time: |
10 Feb 2025 06:30GMT |
| Next Update
At: |
00:30GMT |
USD/JPY - 151.81
Despite dollar's fall to a near 2-month low at 150.94 in post-US jobs data Fri, intra-day rally on Trump's tariffs threats suggests temporary bottom is in place and stronger retracement to 152.90 (Thur), then 153.20/30 would be seen after consolidation before prospect of retreat.
On the downside, a daily close below 151.60/65 would risk weakness to 151.25 (New Zealand), break, 150.94 later. |
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