Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 10 - 01:55 AM

USD/JPY - Well Bid Into Europe, London, 158.55 Level To Break

By Haruya Ida  —  Jan 10 - 01:21 AM

• USD/JPY well bid into Europe, London, Asia range 157.95-158.18 EBS

• 158.55 looks to be level to break up top, high Wed, highest since July

• Initial resistance above 158.63 high July 17, stops eyed 158.70+, 159.00+

• Talk of 160.00-strike options in demand

• Expiries today between 157.00-10, at 157.75, 157.90-158.00 - all below

• Firm US long-end yields supportive, Tsy 10s @4.693%, 2s on hold @4.270%

• Central bank expectations argue to continuing USD/JPY strength?

• Fed hawkish tilt recently, BOJ unlikely to hike this month either?

• USD/JPY dip-buy interest still from Japanese importers, investors, et al

• Related comment , also ,

• Comments on BOJ , , for more click on [FXBUZ]

USD/JPY daily:


USD/JPY hourly:


(Haruya Ida is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!