By Krishna K — Sep 19 - 07:25 PM
USD/JPY consolidates in choppy trading as traders brace for key risk events
Downside limited by higher U.S. yields as positive data surprises continue
Risk rally, robust U.S. economy support; diverging Fed-BOJ expectations cap
BOJ to keep policy steadyon Friday, signal more rate hikes to come
Japan August CPI Fri, seen accelerating, boosting case for BOJ rate hike
Support 142.50, 142.00-10, resistance 143.40-50, 143.80-90
Thursday range 141.895-143.95; Asia Friday range 142.55-142.815
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Source:
Refinitiv IFR Research/Market Commentary