Forex News

USD/JPY: US Dollar Consolidated and Decline Below 107.50s

The USD/JPY pair will be currently traded at 107.35 within the range of the tight pips. Moreover, overnight the pair will be choppy between the 107.26 to 107.77 range. It will slightly go lower in spite of the US ISM non manufacturing.

The USD/JPY will fall against the G10 currencies during the 2 year and it will be stuck around the 0.16% that will go round tripped again.

If we take a look at the other data the US June non- manufacturing ISM beat that will estimate the surging level to 57.1 to the highest movement that will show the improvement to the manufacturing index that will reopen.