USD/JPY consolidates below 102.00

FXStreet (Córdoba) - After falling moderately during the Asian session from 102.10 the USD/JPY found support around 101.80. During the last hours the pair has remained steady hovering around 101.90.

During the American session peaked at 101.93 and bottomed at 101.85. Currently trades at 101.90, 0.15% down for the day so far. The Japanese currency is among the best performers on Monday, as the US dollar remains mixed.

Stocks in the US are falling modestly while European markets finished with losses. US government bond yields are falling favoring the Yen.

USD/CAD has been crushed - TDS

Shaun Osbourne, Chief FX Strategist at TD Securities said USD/CAD was crushed by Friday’s stronger than expected Canadian retail sales and CPI data—falling to the lowest point seen since the start of the year and below the 200-day MA.
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