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Sep 26 - 10:55 PM

USD/JPY - Boosted By Buoyant Risk Sentiment, Higher US Yields

By Krishna K  —  Sep 26 - 08:05 PM
  • USD/JPY up 0.15% in Asia after closing unchanged on Thursday

  • Boosted by buoyant risk sentiment; MSCI World, S&P 500 both hit new highs

  • China stocks leap as Beijing pledges more stimulus; SSEC +10.7% this week

  • Higher U.S. yields, optimism on soft-landing for U.S. economy support

  • Core consumer prices in Japan's capital rise 2.0% yr/yr, on expectations

  • LDP leadership election, U.S. PCE price index key for direction Friday

  • Diverging Fed-BOJ rate expectations continue to cap rallies

  • Resistance 145.40-50, support 144.50, 144.30; Thu range 144.11-145.22

  • Asia Friday range 144.77-145.14

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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