USD/JPY steadies above 151.00 after Friday plunge, Asia 151.20-89 EBS
Down to 150.93 Friday in NY, bounce since on short-covering, higher US rates
US rates see pop on what is considered a strong jobs report despite NFP miss
Fed sees US economy resilient, inflation sticky, likely on hold indefinitely
US Tsy 2s 4.212% to 4.296% Fri, 10s 4.428% to 4.515% but trend still down?
Any option barriers at 150.00 now history with move
USD/JPY lowest since 150.90 on Dec 10 '24, 150.85-95 double bottom now
Break below targets 150.00, 149.70 low Dec 9, maybe 148.65 spike low Dec 3
151.72-152.70 descending hourly Ichimoku cloud providing resistance up top
Also descending 55-HMA in cloud at 151.90m 100-HMA above at 152.89
Massive option expiries today - 150.00 $1.3 bln, 151.00 $780 mln
151.50 $1.2 bln, 151.75 $626 mln, massive at 153.00 and 154.00 above too
Trump-Ishiba meeting seen good for Japan, Japan may avoid tariffs
Nippon Steel-US Steel deal could be back on too, not purchase but investment
Bias now for specs, others to sell on rallies? Risk now seen to downside
Related comments nL1N3OY0QP, nL1N3OY03L, nL1N3OV02J, nL2N3OQ02C
Also nL1N3OY123, comment on BOJ nL2N3OO013
US markets nL1N3OY0TY, nL1N3OY17Q, nL4N3OY14J, nL1N3OY04S
On US data nL1N3OX1EJ, nL1N3OY0V2, Fed-speak nL1N3OY0U0, nS0N3MK0A1
On Trump-Ishiba meet nL4N3P0004, nL1N3OY13U, nS0N3NC01K, nS0N3OJ03J
And nS0N3ME00Z, other Trump news nL1N3OY0UX, nL1N3OY0ZB
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