Dealers report #USDJPY 114.50 stops with large offers 115

Posted: 2017-02-14 15:53:00 | Author: Predator Research

UJ up 85 bp on the session to 114.40, 114.20 stops cleared.

Yellen comments supportive for USD with DX to 101.30.

For the uninitiated its called hawkish

Benchmark curve steepening with yields on 5s & 7s up better than 6 bp

Technical levels:
115.02/13 55/50 DMAs
115.39 Jan. 20 high
115.50/60 top of Cloud