Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Sep 13 - 05:55 PM

USD/JPY - Homes In On 110 Range Center With US Inflation, Fed In Focus

By Randolph Donney  —  Sep 13 - 02:44 PM
  • USD/JPY up 0.09%, in the middle of a 109.86-110.16 range on EBS

  • Early gains trimmed after a soft start for US stocks hit Tsy yields

  • High & rising US inflation expectations nW1N2P605E then propped

  • But Fed tapering expected after the Sep. 20-21 meeting raises risks

  • US growth stocks seen at risk from less stimulus, higher tax, regulations

  • USD/JPY supported by recent lows, weekly kijun & 30-WMA at 109.59/57/54

  • Tuesday's U.S. CPI is the next key event amid Fed tapering expectations

  • With 1-mo vols the lowest since 2014, a big breakout would be a shock

For more click on FXBUZ


Chart Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!