#Forex Order Board: #USDJPY #EURUSD #GBPUSD

Posted: 2017-05-02 12:11:47 | Author: Predator Research Predator Research

USD/JPY through the offers at 112.20 and looking at 112.50 resistance now..

Risk continues to trade well as tensions between N.Korea and the US appear to have eased a little – Trump now apparently open to a meeting with Kim Jong Un.

Dealers feel dips in USDJPY will see on-going demand through the session.

The French el ection run off polls are also sufficiently wide enough, in favour of Macron, not to cause concern.  Tomorrow’s FOMC will be watched but is unlikely to materially move markets; investors will be looking for head nod to recent sluggish data, especially inflation. 

Dealers suggest many looking to buy EURUSD pullbacks into the 1.0850/70 zone.

GBPUSD struggling to stay above 1.2900 even after strong data as demand for EURGBP remains on any dip.

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