- Wait on BOJ announcement, outlook and Gov Ueda-speak later today
- USD/JPY holding in familiar range, 155.93-156.12, off tad from yesterday
- Holding still in recent 155.50-156.50 or tad broader 154.50-157.00 range
- Base in place at 154.95 ascending 55-DMA, heavy pre-157.00, good resistance
- Ascending hourly Ichimoku cloud in area between 155.74-156.15
- 100-HMA 155.98, 55-HMA 156.11, 200-HMA 156.32 and also in area
- Volatility eyed on BOJ announcement around noon, Ueda-speak 3:30 JST
- US rates steady, Tsy 2s @4.282%, 10s @4.639%, JGB 2s @0.695%, 10s @1.207%
- Option expiries 155.00 $505 mln, 155.50-60 $632 mln, 156.40-50 $991 mln
- Also today some around 157.00, massive Monday 155.00, 155.95-156.00
- Japanese importer, investor interest on dips but most to play it by ear
- Market still unsure how much Trump-speak will affect Fed policy
- Related comments nL2N3OJ0SL, nL6N3OJ0JX, nL2N3OJ0HA, nL2N3OJ0C7
- And nL2N3OJ0AI, nL5N3OJ0EI, nL2N3OI020, also nL2N3OJ10L
- US markets nL2N3OJ0WR, nL2N3OJ12C, nL3N3OJ15Q, nL2N3OJ03V
- More on BOJ nL6N3OJ01I, Trump on Fed, et al nL2N3OJ0SG, nL2N3OJ0LL
- For more click on FXBUZ
USD/JPY: https://tmsnrt.rs/3ChoOzP
USD/JPY nearby option expiries to month-end: https://tmsnrt.rs/4athFZE
JGB-US Treasury 2-year interest rate differential: https://tmsnrt.rs/3WuvVM9
Reviewed byTony
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
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