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Mar 26 - 05:55 PM

USD/JPY - Rises As Tariff Concerns Underpin Greenback

By Robert Fullem  —  Mar 26 - 03:36 PM

• USD/JPY settles above 150 as tariff worries lift greenback

• Shares slid on report of pending U.S. auto tariff announcement

• Pair struggles to top session high of 150.75

• Trsy yields firm after Fed comments on keeping rates steady

• Higher lows supports though pair struggles to set new highs

• Resist: 150.93-95 Feb 7 low and day's high; 151.30 Mar high

• Supp: 149.60-55 9-day EMA and Tues. low; 149.10 March 18 low
Yen


(Robert Fullem is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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