By John Noonan — Dec 18 - 04:05 PM
USD/JPY has gapped lower in early Asia with stops triggered below 136.00
Japanese press tipping eventual changes to BOJ accord may be supporting JPY nL1N33704J
It follows similar reports late last week regarding changes to yield cap nL4N32Z1D4
BOJ meets Tuesday, but not expected to change policy or dovish guidance
USD/JPY has traded as low as 135.80 after closing US on Friday at 136.73
Support is at 200-day MA at 135.66 and break targets last week's 134.53 low
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary