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Jan 08 - 10:55 PM

USD/JPY - Remains Offered Ahead Of Tokyo Inflation Data Tue

By Krishna K  —  Jan 08 - 08:55 PM
  • USD/JPY down 0.25% in Asia as bearish sentiment persists after Friday slide

  • Weighed down by traders betting on slower pace of Fed rate hikesnFWN33R2EW

  • Early recovery to 132.28 sold, drop to 131.71 ensues as USD weakens broadly

  • Tokyo inflation data Tue, U.S. CPI Thu key this weeknL1N33Q05NnL4N33T0BW

  • PM Kishida vows to debate govt, BOJ roles with new c.bank head nL1N33T007

  • Support 131.40-50, 130.75-80, resistance 132.30, 132.60-70

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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