News Snapshot:
| By Joel Frank USD/JPY is seeing subdued trade just under the 109.00 level ahead of key events later in the week. Technically speaking, the pair is consolidating within a descending triangle which could be subject to a bearish breakout. It’s been a subdued start to the week for USD/JPY, which has picked up where it left off with things last Friday to continues to range between the 108.60s and 109.00 level. A lack of fresh fundamental catalysts to note over the weekend (US/China talks appear to have come to nothing as expected) mean that uninspired price action is not...
