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
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Source:
Refinitiv IFR Research/Market Commentary