By Krishna K — Jul 10 - 05:50 PM
USD/JPY well supported as markets in Asia react to robust U.S. jobs data Fri
Boosted by elevated U.S. yields as traders bet on bigger Fed rate hikes
U.S. CPI Wed key this week as it will further shape Fed expectations
Japan's ruling coalition makes strong election showing after Abe murder
Outcome was expected and is unlikely to influence trading nL1N2YR011
Death of Abenomics father may give Japan scope to curb stimulus nL4N2YP27Y
Resistance 136.50-60, 137.00, support 135.50-55, 135.25-30
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Source:
Refinitiv IFR Research/Market Commentary