Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jun 17 - 04:55 PM

USD/JPY - Up Over 2% Toward 24-Year High After BOJ Confirms Divergence With Fed

By Randolph Donney  —  Jun 17 - 03:00 PM

  • Soars back up toward week's 135.60 24-yr high w BoJ all-in on easy policy

  • Dollar broadly higher in delayed reaction to 75bp hike and more to come

  • Yen slammed after BoJ quashed talk YCC might be loosened nL1N2Y41DX

  • Dip in VIX and Treasury yields delay breakout past 135.60

  • As well as faster Fed hikes trimming terminal fed funds rate pricing

  • More below-forecast U.S. data, par for the course as Fed tackles inflation

  • Wed-Thur's 135.60-131.49 correction reset overbought daily studies

  • Big intraweek recovery, but weekly momentum has ticked down

  • Will need uptrend in 2-yr Tsy-JGB yield spreads to resume for a breakout

    For more click on FXBUZ


Chart Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2022 eFXdata · All Rights Reserved
!