USD/JPY's March surge of 6.7% gets fresh ammo from Fed-BOJ contrast
Fed speakers, even doves, talking about a series of rate hikes
New and continued jobless claims lowest since 1969/70 nL2N2VR15K
March PMI beats, highest in 8 months nZON0057J8
Japan PMI up, but composite still sub-50, in contraction nZRN0043E7
BOJ the only major central bank without rate hikes on the horizon
10-yr JGB ylds now capped by BOJ's 25bp YCC range top, 10-yr Tsy @2.36%
Downtrend from 1982 reversed nL2N2VO1E3, 2015's 125.86 peak eyed
161.8% Fibo off Nov-Jan base at 122.54 is nearby, but may not matter
March Tokyo CPI Friday, core was -0.6% y/y in Feb, thus BOJ stasis
US employment report next Friday seen strong as claims plumb new depths
For more click on FXBUZ
Chart Click here
Chart Click here