By Robert Fullem — Mar 11 - 03:31 PM
• USD/JPY rises, risk tone improves after Ontario Prem. Ford suspends tariff
• Pair was lower earlier as tariff threats unnerved investors
• EUR/JPY jumps to 1-mo. high, buoyed by progress on Ukraine ceasefire
• Front-end yen skews ease as positions are unwound, including CHF/JPY
• USD/JPY rose after Nikkei report that GPIF won't raise stock ratio
• Resist: 148.20 Friday high; 148.40, March 5 intraday low; 148.58 9-day EMA
• Supp: 146.52-55 Oct 2 high and session low; 146.47 lower Bollinger
• Data on Wed. includes Japan corp goods prices, US CPI
Yen
(Robert Fullem is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters