Flash: USD/JPY losing steam? – BBH

FXstreet.com (London) - Strategists at BBH noted that for the first time in four sessions, the dollar has not recorded a higher high against the Japanese yen.

Key Quotes:

“The BOJ minutes showed a minority voice that was more concerned than the majority about downside risks to the economy and inflation”.

“Meanwhile, the Corporate Service Price Index rose 0.8% year-over-year in October from 0.7% in September”.

GBP/USD retains supporting zone 1.6140

GBP/USD attempted the upside overnight with a pop at the 1.62 handle but failed when heavy supply took the pair back to the supporting zone 1.6140.
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