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Thomson Reuters
Jul 12 - 08:36 AM
USD/JPY - Bid After Wednesday's Big Rise, Focus On U.S. CPI
First appeared on eFXplus on Jul 12 - 06:20 AM
  • U.S. CPI data could propel USD/JPY above 113.00 option barriers nL1N1U805Q
  • USD/JPY's 3rd biggest 2018 one-day rise Wed overcomes major TL nL1N1U8044
  • Risk-on, Nikkei +1.17%. 10-year UST-JGB bond spread wider
  • 111.93-112.46 EBS rise today, shrugs off U.S.-China trade warnL4N1U71IM
  • USD/JPY braced for more volatility and yen losses nL1N1U804I
  • Support/bids said to now be in size towards the 112.00 level

USD/JPY vs 10-Year UST-JGB Chart: Click here

Source:
Thomson Reuters IFR Markets

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