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Thomson Reuters
May 04 - 03:48 PM
USD/JPY - Stalking Tenkan Hurdle As Fed Targets Prices
First appeared on eFXplus on May 04 - 02:10 PM
  • USD/JPY holds most post-NFP recovery gains amid Fed speakers
  • Williams & Dudley both promoting price targeting, symmetry policy
  • Williams see 2.5% neutral rate, gradual hikes to come nW1N1MN00P
  • Dudley happy about rise in financial volatility nN9N1RF01R
  • Comments suggests 3 rate hikes in '18 unless trade war hits
  • USD/JPY below 109.30 Tenkan, close above keeps 108 test at bay

Chart: Click here

Source:
Thomson Reuters IFR Markets

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