BUZZ-USD/JPY off with US yields heavy, on NFP risk, hawkish BOJ
USD/JPY down big leg with US yields heavy, on NFP risk, hawkish BOJ view
Down to 151.24 yesterday, off more in Asia today, to 150.96 EBS, high 151.60
US yields up from lows this wk but still heavy, Tsy 2s @4.214%, 10s @4.433%
Markets nervous over US jobs report tonight, NFP seen softer at +170k
More hawkish BOJ view also taking hold, March meeting "live"? nL2N3OO013
Japan-US rate diffs narrowing fast, especially at long end, 10s @316 bps
USD/JPY to area of 151.11-81 weekly Ichimoku cloud, weekly kijun 149.23
Ascending 100-WMA 147.99, all potential targets on decisive cloud break
Base of cloud or levels just below have held for the past few years however
Near-term downtrend remains intact however, resistance fanning out above
Hourly Ichi tenkan 151.60, kijun 152.02, 55-HMA 152.65, cloud 152.86-153.81
Option expiries today include 150.25-60 $784 mln cluster, 151.00 $606 mln
Another cluster up top between 151.95-152.25 totalling $588 mln
Related comments nL1N3OX0WL, nL1N3OX0FS, nL1N3OX0DM, nL1N3OX0CN
And nL1N3OX0CD, nL1N3OV02J, also nL1N3OX15G, nL1N3OX10P
On JPY in general nL2N3OQ02C, contrasting USD view nL1N3OX0CY
US markets nL1N3OX0ZF, nL1N3OX17P, nL4N3OX1HE, nL1N3OX048
Fed-speak nS0N3OB01D, nL1N3OX15U, nL1N3OX1D2, nS0N3MK09S
More on BOJ nL4N3OW2HK, for more click on FXBUZ
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