By Krishna K — Aug 02 - 07:15 PM
USD/JPY opens unchanged as dip buyers pounce on Wednesday's initial drop
Strong U.S. jobs data, higher yields support; 10-yr hits highest since Nov
Risk aversion to cap rallies as Wall Street drops on U.S. credit downgrade
Higher JGB yields likely to support JPY; 10-yr bond yield hits 9-yr high
Investors continue to test BOJ's tolerance for higher yields after YCC tweak
U.S. initial jobless claims, ISM services Thu, non-farm payrolls Fri key
Wed range 143.46-142.23; resistance 143.55-60, 144.00, support 142.20-30
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Source:
Refinitiv IFR Research/Market Commentary