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• USD/JPY went nowhere yesterday, on hold around 159.00, Asia 159.06-15
• Could be inside day after 158.68-159.28 range yesterday
• End-summer to keep action light, market thin, pre-Jackson Hole too
• USD tad better bid elsewhere and seen USD/JPY supportive
• Ascending daily Ichi cloud 159.86-161.95 above, 200/100-DMAs 158.37/159.98
• Most action to continue between these two moving averages?
• 159.13 200-HMA at to work as pivot as was case yesterday? 100-HMA 158.90
• Again, few significant nearby option expiries today, only 159.00-05 $613 mln
• JGB-US Treasury rate differentials tad wider, in 2s to 255, 10s @182 bps
• Tokyo fix to seen usual Japanese importer Gotobi demand, exporter offers too
• Related comments , , ,
• Also , on Bessent plans , ,
• US markets , , ,
• On Middle East , ,
USD/JPY daily:
USD/JPY hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)