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Mar 03 - 03:55 PM

USD/JPY - Slips As Risk Appetite Fades, Yields Fall

By Robert Fullem  —  Mar 03 - 02:10 PM

• USD/JPY turns lowe as risk appetite detiorates, Trsy yields fall

• Pair trades near bototm of 149.94-151.30 EBS session range

• U.S. share slide after soft ISM data, Trump comments on Zelenskiy

• Yields also down as oil slides after OPEC+ confirms April output hike

• Higher lows keeps bulls engaged before tariff deadline on Tuesday

• Resist: 151.45 Feb 20 high, 151.53 21-DMA, 152.40 200-DMA

• Supp: 149.89 Feb 26 high; 149.10 Feb 28 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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