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Apr 21 - 07:55 PM

USD/JPY - Cautious Start With Focus On Middle East News, BOJ Talk

By Krishna K  —  Apr 21 - 06:30 PM
  • USD/JPY slightly lower in early Asia on cautiously hawkish BOJ comments

  • BOJ's Ueda says 'very likely' to hike rates if inflation keeps rising

  • Consolidation under 155.00-20 resistance likely as traders mull M/E news

  • Iran's foreign minister downplays drone attack, says Tehran investigating

  • Japan intervention fears, risk aversion likely to cap dollar rally

  • Robust U.S. economy , higher-for-longer Fed rate stance limit downside

  • BOJ rate decision, U.S. core PCE price index Friday key events this week

  • ANALYSIS-Political heat prods Japan, S.Korea to team up on weak currencies

  • Friday global range 154.68-153.59, Asia range Monday 154.70-154.50

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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