USD/JPY up on fastest US CPI rise in 1 1/2 yrs, longer Fed pause view
US rates see another pop, 2s as high as 4.388%, 10s as high as 4.660%
US yields off some from high but still firm, 2s @4.355%, 10s @4.619%
JGB rates firm too but more upside for US rates, rate differential wider
USD/JPY 152.45 to 154.80 EBS yesterday, Asia so far today 154.14-46
Daily Ichimoku cloud between 153.60-155.62 providing ceiling of sorts
55-DMA at 154.84 also posing resistance, daily kijun 154.90 above
USD bid but Tokyo pundits saying USD/JPY still well within recent range
Downtrend from 158.88 on January 10 seen intact according to this view
No large option expiries in area today, just a line of smalls above/below
Tomorrow sees massive expiries between 153.80-90 at 154.00, 155.00, 155.50
Related comments nL1N3P30V2, nL1N3P30CF, nL1N3P30BA, nL8N3P20QH
Also nL1N3P314B, on US CPI/Fed nL1N3P30L1, nL1N3P312D, nL8N3P31UN
US markets nL1N3P30WZ, nL1N3P316B, nL4N3P315V, nL1N3P303V
On US tariffs nL1N3P30BO, nL1N3P30R3, for more click on FXBUZ