By Haruya Ida — Jan 07 - 01:30 AM
• USD/JPY up to 158.42 EBS earlier post-Tokyo fix, on NISA and spec buys
• Off since, capped by fresh Japanese verbal intervention
• USD/JPY 157.68 into Europe/London, towards 157.61 early Asia low
• Move up outlier? May be the case with JGB-US Tsy rate diffs narrowing a bit
• Still, overall bias still up, talk US NFP could be stronger than +154k eyed
• Japanese investor "new" NISA-related flows could continue this month too
• Tech support from ascending 55/200/100-HMAs at 157.48/40/30
• Hourly Ichimoku cloud in area too between 157.14-37
• Related comment , also , ,
USD/JPY hourly:
JGB-US Tsy 2-year interest rate differential:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters