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Dec 08 - 09:55 PM

USD/JPY - Eases Slightly; JPY Sought On Geopolitical Concerns

By Krishna K  —  Dec 08 - 08:10 PM
  • USD/JPY -0.1% as developments in Syria and South Korea lift safe-haven JPY

  • Asian shares slide as South Korea martial law fallout deepens

  • Syrian rebels topple Assad who flees to Russia in Middle East shakeup

  • USD undermined by lower U.S. yields as Fed Dec rate cut expectations rise

  • Fed seen poised to cut rates this month, debate 2025 pause

  • Japan revises Q3 GDP higher on capex, exports; domestic demand picks up

  • May lift expectations of Dec rate hike as BOJ holds cards close to its chest

  • Support 149.40-50, 149.00, 148.65, resistance 150.65-75, 151.20

  • Asia range 149.70-150.10

  • For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

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