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Sep 06 - 01:55 PM

USD/JPY - REFILE-BUZZ-USD/JPY Posts New Low After Waller

By Robert Fullem Donney  —  Sep 06 - 11:40 AM

Corrects typo in signoff

  • USD/JPY posts fresh session low of 141.750 on EBS as Treasury yields slide following Fed Waller comments about needed policy action

  • Drop puts the 141.675 Aug. 5 low within spitting distance though downward momentum slows as London close comes into view

  • Close below lower Bollinger of 142.55 threatens to disrupt an otherwise orderly post-NFP trading range heading into data next week

  • One-month implied volatility now 12.56% after basing at 12.25%

  • Yen is also buoyed against high-beta peers as growth concerns weigh on risk-sentiment

For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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