Derived Data That Drive Results
By Krishna K — Aug 20 - 06:50 PM
USD/JPY starts week on a cautious note after closing 0.3% lower on Friday
Monday Asia range 145.50-145.28 after trading in 145.88-144.93 Fri
Weighed down by pullback in U.S. yields; 10-yr -6bps, holds below Oct high
Risk aversion caps as concerns over Chinese economy and property woes rise
Robust U.S. economic data, expectations of higher-for-longer rates support
Focus shifts to Fed's annual symposium in Jackson Hole; Powell speech Fri
Support 144.90-145.00, 144.60-65, resistance 145.75-80, 146.20-30
For more click on FXBUZ
Japan's core inflation slows but remains above BOJ target: Click here
Source:
Refinitiv IFR Research/Market Commentary
