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Nov 15 - 09:55 PM

USD/JPY - Resilient As UST Yields Ease, Signals Are Positive

By Andrew M Spencer  —  Nov 15 - 07:46 PM

  • +0.05% after closing up 0.2%, supported by higher UST yields

  • Treasury yields a touch softer early, 10yr -1.51bp to 1.603%

  • Tone of Biden-Xi talks will be key for risk in Asia nL1N2S60ON

  • Charts, choppy consolidation below 114.70 October range high continue

  • Bullish Kijun line cross of the Tenkan line is positive

  • Kijun line has supported on the way up - now 113.71 key support

  • 113.81 London low and Friday's 114.30 high initial support resistance

For more click on FXBUZ


jpy Nov 16 Click here

Source:
Refinitiv IFR Research/Market Commentary

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