USD/JPY has risen in morning Asia trade.
News and data flow from Japan has been sparse.
We did have this from the US:
Mexico has agreed to stop migration into the US (closes southern border)
And this:
US expected to announce further AI chip sanctions against China on Monday
Whether those are smoking gun catalysts I’ll leave you to decide. A bit underwhelming IMO though.
For the technical analysis folks, back to a wee resistance area? Comments welcome!
This article was written by Eamonn Sheridan at www.forexlive.com.
