By Martin Miller — Mar 08 - 05:05 AM
Dollar surge, after Powell, could be just the start nL1N35F2N3
USD/JPY rise continues from 137.10 to 137.90, on Wed, according to EBS data
It has broken the 200-DMA, now at 137.45, 1st time since Dec nL1N35G0GG
There is talk of buy stops clustered above the 138.00 psychological level
EUR/JPY's correlation with USD/JPY high, 30/60-day logs are both above +0.60
Euro has strong bias to rise against yen in March nL1N35A0SH
Japan's 10-yr yield falls below top of BOJ ceiling nL4N35G08G
Source:
Refinitiv IFR Research/Market Commentary