USD/JPY in limbo? Range with eyes on US data, rates
USD/JPY maybe in limbo of sorts, range eyed with focus on US data, rates
Successive inside days - Friday 141.75-144.20, yesterday 141.95-143.80
Asia so far today 142.86-143.28 EBS, another inside day?
US yields above lows yesterday but still soft, Tsy 2s @3.671%, 10s @3.703%
Little in way of major US economic news yesterday, Fed in black-out period
USD/JPY in downtrend with 100-HMA above at 143.55?, 200-HMA 144.60 above
Support from area of 142.87 flat hourly Ichi kijun, hourly cloud 142.90-98
Gotobi Tokyo fix to see more Japanese importer demand, exporters on rallies
Modest nearby option expiries today - 142.80-85 $430 mln, 143.00 $400 mln
Related comments nL1N3KR0R3, nL1N3KR0BR, nL1N3KR06I, nL1N3KO026
Also nL1N3KR0UA, on US economy nS0N3K009Y, nL1N3KR0JF, nS0N3K009U
US markets nL1N3KR0RJ, nL1N3KR0VY, nL4N3KR13R, nL1N3KR05F
For more click on FXBUZ
USD/JPY: https://tmsnrt.rs/4glt5kI
USD/JPY nearby option expiries this week: https://tmsnrt.rs/4gheDKK
Yield on US Treasury 2s: https://tmsnrt.rs/3XiQrPp
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
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