tradingkey.logo

BUZZ-USD/JPY volatile but less so than other ccys on Trump

ReutersFeb 3, 2025 12:35 AM

  • Trump news imposition of tariffs on Mexico/Canada/China takes FX for ride

  • USD/JPY less-affected than other major currency pairs, JPY crosses haywire

  • Nevertheless, USD/JPY up a leg on broad USD strength, Asia 154.70-155.90 EBS

  • Capped for now ahead of 156.00, 156.30 flat daily Ichimoku kijun line

  • Daily Ichimoku cloud between 153.37-154.54 below, 55-DMA ahead at 154.97

  • 200-DMA below cloud at 152.83 and ascending 100-DMA below at 152.51

  • 200-HMA at 155.38 may be pivot today, ascending 100-HMA 155.30 below

  • Chunky option expiries only at 154.00 $430 mln and 155.00 $696 mln below

  • Some US yields have gapped up, supportive, Treasury 2s @4.266%, 10s @4.558%

  • Fed waiting for clarity on Trump policies but inflationary effects real?

  • Japanese importer to remain good buyers on dips, at each Tokyo fix

  • USD/JPY dips may also see fresh new NISA-related flows

  • Related comments nL2N3OR0RE, nL8N3ME193, nL2N3OQ02C, also nL2N3OR10G

  • US markets nL2N3OR19G, nL2N3OR14S, nL3N3OR107, nL2N3OR02M

  • And nL4N3OT06H, on the Fed nL2N3OR0OP, US data nL2N3OR0HJ

  • Trump news nL2N3OS014, nS0N3NI00G, nL1N3OS02C, nL1N3OS062

  • 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.
Tradingkey

Related Articles

Tradingkey
KeyAI