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BUZZ-USD/JPY eases back as tariffs paused, Ichi cloud support

ReutersFeb 4, 2025 12:13 AM

  • Trump decided to delay tariffs on Canada, Mexico, USD eases back

  • US yields contained too, upside limited, Treasury 2s @4.263%, 10s @4.562%

  • USD/JPY off to 154.75-155.24 EBS in Asia from 155.90 high yesterday

  • Spot tracking top of ascending daily Ichimoku cloud between 153.37-154.82

  • 55-DMA in area at 154.97, flat daily Ichimoku kijun 156.30, cap for now?

  • Resistance from descending 200-HMA at 155.27, 100/55-HMAs 154.88/90

  • Only large nearby option expiries today $813 mln at 154.00 strike

  • Sideways trading eyed in Asia awaiting fresh Trump news, US rate moves

  • Related comments nL1N3OU0TJ, nL1N3OU0EB, nL2N3OQ02C, also nL1N3OU126

  • US markets nL1N3OU0X4, nL1N3OU16E, nL4N3OU0XV, nL1N3OU016

  • On US economy nL1N3OU0QC, Fed nL1N3OU0YI, nS0N3MK09N, nS0N3OB00U

  • On Trump policies nL1N3OU0M3, nL1N3OU04A, nL1N3OU1BT

  • For more click on FXBUZ

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