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Mar 19 - 11:55 AM

USD/JPY - , Dollar Broadly Up On Fed's SLR News, Yields Rise

By Randolph Donney  —  Mar 19 - 09:49 AM
  • Fed to let SLR exemption expire nL1N2LH0YZ triggers Tsy yld, USD rise

  • USD/JPY now nearing its 109.14 highs as Tsy yields reverse early dip

  • Pair has past four days' highs in the 109.30s to deal with first

  • Bigger hurdles are 76.4% Fibo of the pandemic drop, June's high at 109.56/85

  • If 110's cleared, 161.8% Fibo off 2021's base & 2020's high next @112.10/23

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Source:
Refinitiv IFR Research/Market Commentary

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