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Thomson Reuters
Jun 03 - 03:48 AM
USD/JPY - Pressured By Weak S&P Futures Lower US Yields
First appeared on eFXplus on Jun 02 - 10:40 PM
  • The S&P futures are down 0.6% and the 10-year US yield -2 pips to 2.12%
  • Trade war fears continue to spook investors out of risk into safe-haven
  • USD/JPY under pressure in Asia after 1.25% fall on Friday
  • Beow 50% of 104.10112/40 at 108.25 next support at Jan 10 low at 107.77
  • Resistance at former support around 109.00 with sellers around 108.60/70
  • There is talk of bids ahead of 108.00 that may cushion fall for time being

usd/jpy Click here

Source:
Thomson Reuters IFR Markets

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