By Martin Miller — Sep 26 - 04:55 AM
USD/JPY has risen from 144.45 in Asia, to hit 145.20 in Ldn, EBS data shows
Spot breaks the 144.86 Fibo, bulls need a daily close above nL1N3L807S
144.86 Fibo is a 23.6% of the 161.96-139.58 (Jul-Sep) EBS drop
Talk that speculative accounts were fishing for buy stops above 145
Japanese exporters will want to sell above 145 ahead of fiscal half-end
A huge 145 strike worth 1.4B, expiring at NY cut, could contain nL1N3L8081
EUR/JPY and USD/JPY currency pairs continue to trade in tandem
Key LDP election to pick Japan's next leader occurs on Friday nL1N3L805J
Source:
Refinitiv IFR Research/Market Commentary