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Thomson Reuters
May 18 - 03:48 AM
USD/JPY - Holding Near 111.00 Trend High, Stops Above
First appeared on eFXplus on May 18 - 01:30 AM
  • USD/JPY to as high as 111.005 in Asia, talk stops above.
  • Questionable whether presumed option barriers at strike tripped.
  • Big Japanese money center bank seen behind bull-dozer move to high.
  • Offers trail up but nothing immensely large, more barriers tipped above.
  • Stops eyed above presumed barriers at 111.50, 112.00.
  • US yields remain supportive, Treasury 10s @3.112%.

USD/JPY: Click here

Source:
Thomson Reuters IFR Markets

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