By Krishna K — Sep 19 - 11:15 PM
USD/JPY down 0.35 in Asia after trading in a 141.96-142.92 range
Eases after BOJ keep rates steady at 0.25%, stays upbeat on economy
Central bank says inflation expectations heightening moderately
Notes impact of FX volatility on prices; slightly JPY supportive ?
Governor Ueda news conference at 3.30 local (0630 GMT) awaited
Will be eyed for hints on the timing and pace of future rate hikes
Japan core CPI accelerates for 4th month in Aug, raises Oct rate hike hopes
Robust U.S. economy and buoyant risk appetite limit dollar downside
Diverging Fed-BOJ expectations cap rise; 140.00-145.00 range in the making?
Support 141.90-142.00, 141.50-60, resistance 143.00, 143.40-50
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Source:
Refinitiv IFR Research/Market Commentary