By Martin Miller — Mar 01 - 05:10 AM
USD/JPY has dropped from 136.47 to 135.62, on Wednesday, according to EBS
A close above the broken 136.66 Fibo needed to galvanise bulls nL1N3590I2
BOJ's Nakagawa endorses ultra-easy policy nT9N34V00R
That could help limit USD/JPY's latest dive. Previous nL1N3580PH
EUR/JPY's correlation with USD/JPY high, 30/60-day logs are both above +0.70
USD/JPY and EUR/JPY tend to move in the same direction
Source:
Refinitiv IFR Research/Market Commentary