BUZZ-USD/JPY still relatively bid but with intermittent swoons
USD/JPY still relatively bid near recent highs despite intermittent swoons
Asia 158.02-22 EBS so far, below 158.55 high Wednesday, best since July
Recent downside defined by 156.00 - lows of 156.02 Dec 31, 156.25 Jan 6
Spot in 157.95-158.27 hourly Ichimoku cloud, cloud peaking, to taper
Still ascending 55-HMA in area at 158.12, 100-HMA below cloud at 157.90
Swoon yesterday saw low of 157.59, 200-HMA just below at 157.56
Some option expiries in area today 157.00-10 $856 mln, 157.75 $553 mln
Also 157.90-158.00 $771 mln, smaller 159.00 $336 mln
Long-end JGB-US yield differential below recent highs, short diffs narrower
Quiet eyed after partial US market closes yesterday, pre-long Tokyo weekend
Related comments nL1N3O50KX, nL1N3O401C, also nL1N3O50QM
Comments on BOJ nL1N3O50CO, nL1N3NL026
Markets nL1N3O50IM, nL4N3O50UJ, nL1N3O502N
Fed-speak nS0N3NY03I, nS0N3N407G, nS0N3N308M, nL1N3O50IT
On US Tsy pick Bessent nS0N3MW042, for more click on FXBUZ
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
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