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BUZZ-COMMENT- USD/JPY turns down as yields, shares drop

ReutersFeb 26, 2025 7:21 PM
  • USD/JPY reversed a gain as Treaury yields, shares turned lower

  • Sentiment worsens after Trump, Musk comments on slashing spending

  • Fed's Bostic said the U.S. economy is in good shape though uncertainty hig

  • Upcoming Nvidia earnings, Thsdy US jobless claims to be eyed

  • FX chief Mimura did not see a disparity between yen gains and BOJ hike view

  • Short-covering holds USD/JPY above Dec. low; offers expected above 150

  • Supp: 148.55 100-week MA; 147.20, Sept 3 high; 148.15 lower Bollinger;

  • Resist: 150.26 9-day EMA, 150.93 Feb 7 low, 151.11 weekly cloud bottom

  • AUD/JPY remains under pressure as oil sinks; eyes Aug. low

  • Friday data includes Feb. Tokyo CPI, US PCE

For more click on FXBUZ

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