By Krishna Kumar — May 25 - 07:03 PM
• USD/JPY up 0.3% in early Asia as Wall Street future rise on Trump's comments
• Trump extends deadline to reach EU trade deal until July 9 from June 1
• Says US negotiators had good weekend talks with Iran
• S&P E-mini +0.75%, Nasdaq futures +0.95% as risk appetite recovers
• USD upside limited after 2.2% drop vs. JPY last week as tariff fears persist
• UK, US markets closed Mon; Fri range 142.43-144.02,Asia range 142.48-143.085
• Supports 142.40-50, 141.95-142.00; resistance 143.50, 144.00-10
JPY:
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters