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Sep 02 - 08:55 PM

USD/JPY - Gains Ground, Boosted By Buoyant Risk Appetite

By Krishna K  —  Sep 02 - 06:50 PM
  • USD/JPY opens 0.2% higher after trading a modest range of 105.86-106.30 Wed

  • Boosted by voracious risk appetite; S&P 500, Nasdaq hit fresh records

  • Chances of Suga succeeding Abe as Japan's new PM rise; slight JPY negative

  • Sensitive to yen moves, Suga could be tough on BOJ if yen spikesnL4N2FZ07S

  • Longer-term U.S. Treasury yield drop ahead of Aug U.S. jobs report, cap rise

  • Resistance 106.30-35, 106.50-55, support 105.85-90, 106.60-65

  • For more click on FXBUZ


Dollar-Yen and the Yield Spread: Click here

Source:
Refinitiv IFR Research/Market Commentary

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