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Thomson Reuters
Jun 13 - 03:48 AM
USD/JPY - Grinds Up To 110.69 In Asia But No Further
First appeared on eFXplus on Jun 13 - 02:10 AM

  • USD/JPY from 110.36 early Asia to 110.69 ahead of presumed Fed rate hike.
  • US yields firm, supportive, Treasury 10s now @2.967%, inches up in Asia too.
  • Japanese importers buy ahead of Fed, some exporter/other offers vacuumed.
  • Support at ascending hourly Ichi tenkan, kijun lines, at 110.52, 110.39 now.
  • Risk tentatively on too, Nikkei +0.4% at 22,969, just below 23k.
  • In contrast to hawkish Fed, BoJ likely to remain ultra-easy Friday.

USD/JPY: Click here

Yield on US Treasury 10s: Click here

Thomson Reuters IFR Markets


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