USD/JPY well bid to start the week after 1% rally Fri on rising UST yields

2-year yields up 12bps to highest since Mar 2019 after robust U.S. jobs data

Fed’s Daly says case for 50bps rate rise in May has grown - FT nFWN2VZ18Z

BOJ to keep rates low as strong yen still Kuroda's enemy No. 1nL3N2VZ0PZ

Fed-BOJ rate expectations diverge, underpin USD; trade 121.00-125.00 range

Resistance 123.00-05, 123.20, support 122.25-30, 121.75-80

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