By Peter Stoneham — May 27 - 05:45 AM
USD/JPY remains offered and slips from Thursday 127.58 EBS high
Japanese importer bids likely to slow the fall below 126.50
Touted Japanese offers look to have the measure of any up-ticks
Huge option expiries noted: 126.98-05 (1.46BLN) and 127.70-75 (1.44BLN)
UST yields trying to base: 10s at the 50-day moving average, 2.7305%
Dollar set for worst week in four-months as Fed hike spec fever cools
Some fears Fed might pause its tightening cycle in the second half of 2022
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USD/JPY daily candle chart: Click here
Source:
Refinitiv IFR Research/Market Commentary