![Today News: USD/JPY [2 Nov 2021] - FXsources](https://www.forexprop.com/images/1635827234.jpg)
|
During Monday’s Asia Pacific session, USD/JPY hit its highest level in about one and a half weeks at just below 114.50 |
.png)
|
USD/JPY has traded a 113.00-114.69 range since Oct 12 when the pair moved onto a higher plane. A core 113.50-114.50 |
|
For three weeks in a row, the USD/JPY has remained stable around the 114.00 resistance, near a 3-year high, amid strong expectations of a tightening |
|
The USDJPY maintains firm tone and extends last Friday’s jump, looking for retest of 2021 high at 114.69, posted on Oct 20. |
|
The British pound has pulled back just a bit over the last couple weeks, but it looks as if we are trying to turn things around and rally a bit. |
