By Robert Fullem — Feb 12 - 02:16 PM
(Adds chart)
• USD/JPY ralllies as Trsy yields rise after strong US consumer inflation
• Headline CPI up 0.5% in January and annual pace quickens to 3.0%
• Pair also supported by EUR/JPY raly on positive Ukraine developments
• Supp: 153.16 100-DMA and 152.75 200-DMA
• Resist: 153.80 55-DMA and 155 psychological level
• Japan to eye corporate goods prices; US PPI and jobless claims Thsdy
Yen
(Robert Fullem is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters