By Martin Miller — Dec 29 - 03:50 AM
Dollar adrift as optimism over China reopening turns to caution nL1N33J08C
Japan's Nikkei pressured by Wall Street weakness nL4N33J0UU
USD/JPY peaked at 134.50 on Wednesday, sees a setback on Thursday
Thursday sees a 134.40 to 133.48 setback, according to EBS price data
14-day momentum remains negative, reinforcing the underlying bearish outlook
EUR/JPY's correlation with USD/JPY high, 30/60-day logs are well above +0.5
BOJ conducted emergency bond buying on Thursday nL4N33J08I
Source:
Refinitiv IFR Research/Market Commentary