By Robert Fullem — Apr 01 - 02:59 PM
• USD/JPY remains lower on session as S&P 500, Trsy yields retreat
• Stays in 148.98-150.13 range on modest turnover before tariff deadline
• US ISM, JOLTS data supports US stagflation scenario
• ADP and US President speech (4pm ET) on Wednesday
• Support: 149.10 21-DMA; 148.92 base line; 148.18 March 20 doji low
• Resistance: 150.26, Monday high; 150.76 March 24 high
• Yen crosses remain pressured, EUR/JPY tests 100-DMA at 160.84
Yen
(Robert Fullem is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters