USD/JPY moves back down into hourly Ichi cloud post-push up
USD/JPY back down into hourly Ichi cloud after push above yesterday
High of 144.53 late Asia, early London, Asia so far today 143.45-66 EBS
Hourly Ichi cloud currently 143.06-144.07, top flat, base rising
In cloud 55-HMA 143.20, tenkan 143.61, 200/100-HMAs 143.69/71, kijun 143.74
Chunky option expiries mostly to upside today, to help cap spot
144.00 $882 mln, 145.00 massive $1.1 bln, 145.00 to see $2.1 bln tom too
Not much below till 141-handle today, tom sees plenty on 143, 144 though
Some Tokyo fix Japanese importer demand eyed, exporters 144.00+
US yields on hold above recent lows, Treasury 2s @3.607%, 10s @3.731%
JGB-US Treasury rate differentials in stasis too above recent narrows
Related comments nL1N3LD0S7, nL1N3LD0FW, nL1N3LD0AN, nL1N3LD09D
And nL4N3LD0IB, nL1N3L6030, also nL1N3LD11M
US markets nL1N3LD13Z, nL1N3LD1AL, nL4N3LD14E, nL1N3LD01E
On US economy nL1N3LD0PP, nL6N3LD07F, for more click on FXBUZ
USD/JPY: https://tmsnrt.rs/3XPOHNH
USD/JPY nearby option expiries this week: https://tmsnrt.rs/3N8wRAJ
JGB-US Treasury 2-year rate differential: https://tmsnrt.rs/47XjzAD
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
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