USD/JPY settles into a broad range of 126.50-128.50, awaits fresh catalysts

Supported by risk rally as aggressive Fed rate hike bets scaled back

S&P 500 notches best week in 18 months on hopes Fed 'past peak hawkishness'

Slowing U.S. economy, falling inflation expectations to cap USD rallies

Jobs data for May released this Friday is next major U.S. economic focus

Support 126.60-70, 126.35-40, resistance 127.50-60,128.00-10

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