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Dec 27 - 11:55 PM

USD/JPY - Holds High Ground As Mkt Bets On Early Fed Liftoff

By Ewen Chew  —  Dec 27 - 09:35 PM
  • USD/JPY holds high ground but still shy of reaching 115.00

  • Psych barrier likely to be tested as s/t UST yields shoot up

  • Breakout might threaten November's nearly 5-yr high 115.53

  • 2y Treasury yield surges to 0.750% from 0.703% on Fed hike bets

  • Upbeat US spending data adds to strong US economic narrative

  • Japan upgrades assessment of industrial output nL4N2T70A6

  • For more click on FXBUZ


Source:
Refinitiv IFR Research/Market Commentary

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