By Krishna K — Jun 05 - 07:10 PM
USD/JPY well supported in Asia after 0.8% rally Fri on upbeat US jobs report
Boosted by elevated U.S. yields rising to 2-week highs; 10-yr yield nears 3%
Jobs data supports case for continued Fed tighteningnL1N2XP2AOnL1N2XQ16R
Diverging Fed-BOJ rate expectations to result in test of 131.35 May high
Elevated oil prices, rising geopolitical tensions underpin USD nL1N2XS00B
Supports 130.40-50, 130.00-10; related nL1N2XQ079
For more click on FXBUZ
nonfarm payrolls: Click here
Source:
Refinitiv IFR Research/Market Commentary