By Martin Miller — Apr 25 - 05:43 AM
• USD/JPY has risen from 142.62 to 143.85, on Friday, EBS data shows
• Mkt still seen heavy towards 144, Japanese exporters in wait?
• But it could eventually well climb to probe 144.21 Fibo
• EUR/JPY is at risk of bucking its usual positive April trend
• But USD/JPY, EUR/JPY 30-day log correlations sub +0.50, relationship weak
• Japan: no talk of FX target, yen control in dialogue with US
Daily Chart:
(Martin Miller is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters
