By Krishna K — Apr 16 - 07:15 PM
USD/JPY well supported in Asia after closing 0.9% higher on Friday
Boosted by higher U.S. yields; ; 2-yr yield rallies 13bps, 10-yr up 7bps
Hawkish talk from Fed officials, higher U.S. inflation expectations support
Chances of 25bps May Fed hike at 98.4% from Thu 68.3%-CME Fedwatch Tool
New BOJ head's dovish message to world further undermines JPY
Fri 133.84-132.18; resistance 134.00-05,134.50, support 133.50-55, 133.00-10
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary