USD/JPY off overnight on the back of even lower US yields, JPY haven flows?
Down to 149.11 EBS into the New York close, Asia so far today 149.15-62
Back below the still descending daily Ichimoku tenkan currently at 149.25
Also back below descending 200-HMA at 149.97, cloud between 149.87-150.33
US yields off another leg, Treasury 2s @3.937%, 10s @4.139% now
JGB yields remain firm with 2s @0.824%, 10s @1.394%, 1.420% high yesterday
Yield differentials off hard again, in 2s down to @318, 10s @274 bps
USD/JPY on course for another test of 149.02 low Feb 25, 149.00, stops below
149.00 break projects test to 148.65 low on Dec 3, 24
On options front, some chunky expiries today between 148.00-15, at 148.30
At 148.90, between 149.30-35 and at 150.00 but nothing massive
Trump comment on JPY also looking to keep upward pressure on the yen
Related comments nL2N3PM0LG, nL2N3PM093, nL2N3PM07W, nL2N3PJ02O
Also nL2N3PM0RS, on US economy nL2N3PM0J1, nL5N3PM1GI
US markets nL2N3PM0RO, nL2N3PM0UV, nL3N3PM0ZS, nL2N3PM023
Trump on yen nL3N3PM1SK, for more click on FXBUZ