USD/JPY briefly reaches the 158.00 level, marginally setting a new high for the day — London FX

In the London morning session, USD/JPY rose briefly to the 158.00 level, narrowly updating the day's high. At 0:00 the following day Japan time, a $1.2 billion expiry at 158.00 was observed at the NY cut.

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The story

In the London morning session, USD/JPY briefly reached the 158.00 level, updating the day's high. The article reports this move as a sign of activity in the USD/JPY market.

Market data showed USD/JPY at 157.96, with levels immediately before and after the trade also listed. Information on the NY cut was reported as well.

This report focuses on London FX activity, reporting as facts the brief new high in USD/JPY and the observed large expiry setting.

At a glance

Market levelIn the London morning session, USD/JPY briefly reached the 158.00 level, updating the day's high.

Option expiriesAt the NY cut, a $1.2 billion expiry at 158.00 was observed.

ValueUSD/JPY recorded a rise to 157.96.

Reference information. Every claim resolves to something the story actually named.

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