BUZZ-USD/JPY on back foot still, eyeing tests lower
USD/JPY 148.78-149.08 EBS in Asia so far, after 148.63-149.89 yesterday
Consolidation ahead of more moves to the downside?
US and JGB yields off but US yields off more on Trump policy concerns
Many see possibility of US stagflation up as Trump policies take hold
USD/JPY 148.50-60 key support - 148.56 low Tuesday, lowest since Oct '24
Spot moving down with 150.58 daily Ichimoku tenkan line
Capped for now below hourly Ichimoku cloud between 149.16-43
Gradually descending 100-HMA above cloud at 149.52
Massive option expiries today, 148.00-10 $1.9 bln, 150.00 $2.8 bln
Related comments nL2N3PH0WG, nL2N3PH0DP, nL2N3PH0F2, nL2N3PA045
And nL2N3P90PY, also nL2N3PH0RK, on the US economy nL2N3PH0UM
US markets nL2N3PH13X, nL2N3PH1B9, nL3N3PH18N, nL2N3PH05N
On the Fed nL2N3PG0U5, for more click on FXBUZ
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