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Dec 12 - 07:55 PM

USD/JPY - Boosted By Higher US Yields, Japan Tankan Key Fri

By Krishna K  —  Dec 12 - 05:35 PM
  • USD/JPY likely to stay supported on dips after closing 0.1% higher Thursday

  • Sticky U.S. inflation boosts USD across the board

  • Higher U.S. yields, expectations of hawkish Fed rate cut next Wed support

  • Report BOJ leaning toward keeping rates steady next week undermines JPY

  • Japan Tankan key for direction Friday, may influence BOJ rate expectations

  • Support 151.80-90, 151.50, resistance 152.70-80, 153.20

  • Thursday range 151.81-152.76

  • For more click on FXBUZ

Source:
London Stock Exchange Group | Thomson Reuters

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