Traders: North Korea crisis dollar / yen pressure


Friday (April 28th) Asian city midday, the dollar / yen hovered near the level at 111.15 days. The basic exchange rate to maintain a narrow range of fluctuation, the current in the vicinity of 111.15 line narrow trading.
In recent days, foreign media reports, President Trump said North Korea or a major conflict in the Tokyo market set the dollar / yen pressure
In the Asia Pacific region traders pointed out that the end of the month and fixing Sunday salary settlement date (Gotobi) before the discussion of Japanese imports of the dollar / yen buying is not weak, but the demand also weighed on the dollar / yen fell, the dollar traded at 111.07/36 range trading.
Traders also pointed out that the current dollar / yen in the 55 day moving average is below 111.93, the exchange rate is selling before 112, the water level is arranged above the stops.
At the same time, traders point out that dollar / yen buying still comes from lower importers and options related buying
In addition, traders pointed out that the current day, the dollar / yen has $782 million of ordinary options expire, the exchange rate below 110, more options expire