USD/JPY settling into its recent, lower core 154.50-156.50 range post-BOJ
Friday saw trade between 154.85-156.58, Asia so far today 155.59-84 EBS
Base still in place around ascending 55-DMA at 154.98 today
Market heaviness in place between 156.50-157.00, offers likely large
BOJ seen more hawkish than thought, data-dependent, could move in March
Fed seen less dovish than previously thought, could hold this week, in Q1
JGB-US Treasury rate differentials narrower, to lessen demand for US paper
US Treasury 2s @4.260%, 10s @4.596%, JGB 2s @0.712%, 10s @1.222%
Option expiries today massive 155.00 $1 bln, 155.95-156.00 $2.1 bln
More at 155.00, at and above 156.00 into month-end, to contain spot this wk?
Maybe especially so with Australia holiday today, Chinese New Year this week
Related comments nL2N3OI020, nL2N3OK0SB, nL2N3OK0EK, nL2N3OK0AD
And nL2N3OK09T, nL2N3OK09S, also nL2N3OK0XK, on the Fed nL2N3OI0W3
US markets nL2N3OK0XM, nL3N3OK1OM, nL3N3OK18S, nL2N3OK02D
On the US economy nL6N3OK0PJ, for more click on FXBUZ