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Apr 24 - 04:55 PM

USD/JPY - Stays In Range As Vols Ease, Toyko CPI Ahead

By Robert Fullem  —  Apr 24 - 02:50 PM

• USD/JPY stays in narrow 142.28 to 143.45 EBS range as US shares rally

• Yields ease after Fed comments about future growth worries

• Some hope of trade progress after Trump said US-China reps talked

• Yen vols ease across tenors as US shares advance

• Japan considering US soybean imports as part of negotiations: Nikkei

• Focus turns to April Tokyo CPI on Friday

• Pair holds above Apr 22 high, 200-HMA; 144 double-bottom offer resist.

• Supp: 141.68, April 22 high; 141.54 Wed low; 140.48 Apr 21 low

• Resist: 143.99-144.00 April 9-10 lows; 144.55 April 4 low
Yen


(Robert Fullem is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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