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• From trading on 158, USD/JPY back to trading around 158.00
• Asia 157.91-158.03 EBS so far, off a notch on broadly easing USD
• Lower crude oil prices, mostly steady US yields, Wall St rally/risk on too
• Also dovish Fed Barkin-speak, December Fed hike not in bag?
• USD/JPY back into its 157.17-158.42 daily Ichimoku cloud from around top
• Spot also back into 157.93-158.26 hourly cloud after brief move below
• Resistance from 158.12 descending 100-HMA, 200-HMA in area at 157.99
• On options front, $1.4 bln in expiries today between 157.00-70
• On 158, total $1.3 bln in expiries, 159.00-50 $1.1 bln, at 156.50 $1.5 bln
• Japanese exporter sales presumed on rallies, importers at Tokyo fix
• JGB-US Treasury rate differentials tad wider in 2s, steady in 10s
• Related comments , , ,
• And , , , also
• US markets , , ,
• On dovish Fed Barkin-speak ,
• On NY Fed survey , for more click on [FXBUZ]
USD/JPY:
USD/JPY nearby option expiries this week:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)