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Jan 26 - 05:55 AM

USD/JPY - Up, Japan Warns Sharp Moves Will Not Be Tolerated

By Martin Miller  —  Jan 26 - 03:55 AM
  • Japan top FX diplomat: sharp currency moves won't be tolerated nP8N33V01M

  • USD/JPY has recovered from 129.02 to 129.83 on Thursday, according to EBS

  • However, the chart shows a market on the verge of a bigger drop nL1N34B0H7

  • Dollar and euro both look poised to plummet against the yen nL1N3490EA

  • EUR/JPY's correlation with USD/JPY high, 30/60-day logs are well above +0.5

  • BOJ: appropriate to maintain easy monetary policy for now nP8N33V01I

Refinitiv IFR Research/Market Commentary


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