By Krishna Kumar — Mar 20 - 08:08 PM
• USD/JPY eases slightly as Japan's Feb core CPI rises more than expected
• Japan Feb core CPI up 3.0% yr/yr vs 2.9% expected but down from 3.2% in Jan
• BOJ already cautiously hawkish, data will raise rate hike expectations
• Safe haven JPY resilient to broad USD strength Thu as Fed cites uncertainty
• EUR/JPY -2% from Tue high, had gained 6% from Feb low on German debt brake
• AUD/JPY down 0.85 Thu on soft Australian jobs data
• USD/JPY support at 148.20 and 147.92 which is 61.8% of 146.54-150.15 rise
• Resistance 148.90-149.00, 149.20; Thu range 148.18-148.955
• Asia Friday range 148.585-148.80
Fed officials see slow growth in Trump's 'golden age':
(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters