South Korea Consumer Sentiment Index: 103 (September) vs 102

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Sep 24, 2015

EUR/JPY awaits impetus below 135 handle

EUR/JPY has been a drift to the upside with a relatively robust euro while the greenback has gathered up the 120 handle again, but running into offers at the 50 SMA on the hourly sticks slowing up the momentum ahead of the 200 SMA at 120.15 today.

Fed Yellen says she expects a rate hike later this year

Federal Reserve Chair Janet Yellen said she expects a rate hike later this year and reiterated that the timing depends on economic outlook.