By Robert Fullem — Jan 09 - 02:24 PM
• USD/JPY pares earlier loss amid hawkish Fed Schmid, Bowman comments
• Holds in narrow 157.66-158.38 EBS range, Trsy 2-yr yields ease
• Volumes are muted by U.S. holiday, equity markets closed
• Yen crosses remain heavy; GBP/JPY slides for a second day
• USD support seen at 9-day EVA at 157.56 and 157.29 Tenkan line
• Stronger support is near 156.10 weekly cloud top
• Resist. is prior range top of 158.09 Dec. high before 158.55 weekly high
• Japan household consumption and U.S payrolls data on Friday
• Options price about 1 yen move for U.S. jobs report
yen
(Robert Fullem is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters