By Krishna K — Dec 11 - 10:10 PM
USD/JPY -0.15% in Asia drifts lower from 152.45 to 151.96 before stabilizing
Caution sets in as BOJ, Fed rate meetings loom next week
Japan inflation keeps BOJ Dec hike in play, probability at 25% 0#JPYIRPR
EXPLAINER- How likely is a Bank of Japan rate hike next week?
Markets price in a 97% chance the Fed will cut rates by 25 bps next week
Diverging rate expectations likely to limit USD rallies
Support 151.90-152.00, 151.50, resistance 152.70-80, 153.20
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Source:
London Stock Exchange Group | Thomson Reuters