tradingkey.logo

BUZZ-USD/JPY off with US yields, as US tech stocks slide

ReutersJan 28, 2025 12:12 AM

  • USD/JPY off with US yields, as US tech stocks slide on China DeepSeek

  • US yields off a leg with Treasury 2s off to 4.169%, 10s to 4.498%

  • Some bounce seen into the New York close but the market remains wary

  • China's DeepSeek AI seen challenging US tech stocks, NASDAQ, S&P off large

  • Short-covering and haven flows into JPY and CHF ensued

  • USD/JPY as low as 153.72 before bouncing a bit, Asia so far 154.53-98 EBS

  • Market steadier but remains nervous, on thin side on Asia holidays

  • USD/JPY touched ascending daily cloud below overnight, today 153.29-154.08

  • Ascending 55-DMA now above at 154.96, market could be heavy 155.00+ now

  • Now flat hourly Ichimoku kijun line 154.98, descending 55-HMA 155.41

  • Large option expiries to upside now - 155.00 $368 mln, 157.50 $630 mln

  • Massive $1.6 bln in expiries tomorrow at 155.00, 155.00 now pivot?

  • Related comments nL2N3ON0O4, nL2N3OI020, nL5N3OI19R, nL2N3ON0BA

  • And nL2N3OM092, nL2N3ON07X, also nL2N3ON0UJ, nL2N3ON0U3

  • US markets nL2N3ON0PG, nL2N3ON0WV, nL3N3ON10I, nL2N3ON01H

  • On the US economy nL2N3ON0MQ, for more click on FXBUZ

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI