By Robert Fullem — Dec 11 - 02:10 PM
USD/JPY is up for a third day and holds above the 152 pivot level as Trsy yield curve steepens after mixed US CPI
Consumer prices rose 2.7% annually after an uptick in November though rent inflation slowed
Settles at top of 151.01 to 152.845 day's range and near 21-DMA of 152.64
Yen vols drop though demand seen for options covering Fridays' Q4 Tankan
Resistance is at 153.16-22, the weekly could top and Nov 27 high
Support is at the 200-DMA of 152.01, 9-EMA at 151.44 and 151.04 cloud top
Yen crosses edge up as US shares, oil advance
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Source:
London Stock Exchange Group | Thomson Reuters