By Krishna K — Sep 22 - 07:40 PM
USD/JPY well supported in Asia after closing 0.87% higher Friday
Boosted by short-covering following Ueda's less hawkish tone on rates
Robust US economy supports but diverging Fed-BOJ expectations will cap rally
Japan top FX diplomat says watching for any build-up of yen carry trades-NHK
Ueda speech Tuesday, U.S. PCE Price Index Friday key this week
Japan's ruling party leadership race Sep 27 also keenly watched
Resistance 144.50, 145.00, 145.40, support 143.50, 142.90-143.00
Japan markets closed Monday; Friday range 141.74-144.50
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Source:
Refinitiv IFR Research/Market Commentary