In response to the US Producer Price Index (PPI) for May, which came in lower than market expectations with a month-on-month decrease of -0.3% and a year-on-year increase of +1.1%, there has been a broadening reaction of USD selling, along with a decline in US bond yields.
Continuing with the USD selling perspective.
Entered a sell position for USDJPY at 154.32. Stop is set at 155.12. This post is Half of all our entry and 5 mins
Current Trends The USD/JPY pair is trading around 153.65. The yen is maintaining a stable level, supported by neutral macroeconomic statistics in the current situation.
EUR/USD (Euro/US Dollar): Amount in Euros 1.0650: 935 million euros 1.0695: 784 million euros 1.0800: 464 million euros 1.0925: 1 billion euros GBP/USD (British