Yen crosses holding on to gains; still no reports on volumes, orders
Interbank dealers are still way too busy to be chatting with any other traders, never mind commentators, so we won’t hear any colour on what’s happening at the coalface for a little while yet.
USD/JPY is quite steady between 84.25/40, after stops above the previous 84.15 high were triggered. Next technical resistance there is the 200-week MA at 85.10.
EUR/JPY is trading near 111.20 in early interbank trade and it needs to overcome two separate weekly highs near 111.50.