By Martin Miller — Dec 17 - 03:35 AM
USD/JPY seen a steady 153.80-154.34 range, on Tuesday, EBS data shows
That after USD/JPY peaked at 154.48, on Monday
Spot's close on Fri and Mon above 153.66 Fibo is very bullish nL1N3NI070
153.66 Fibo is a 61.8% retrace of the 156.76 to 148.65 (EBS) drop
Note the euro usually climbs against the yen in December nL2N3N50BM
Traders confident of a quarter-point Fed rate cut on Wednesday nL1N3NH00K
A slim majority of economists see BOJ skipping Dec rate hike nL4N3NB0GY
USD/JPY options don't rule out a surprise BOJ hike nL1N3NI08W
Source:
London Stock Exchange Group | Thomson Reuters