By Krishna K — Dec 12 - 07:15 PM
Capitalizes USD/JPY
USD/JPY unchanged in Asia, to remain bid on dips as higher US yields support
Sticky US inflation, expectations of hawkish Fed cut next week underpin
BOJ tankan taken in stride: JP firms expect CPI to rise 2.4% a year from now
Their projection unchanged from 3 months ago; 3 year CPI projection same
Report BOJ leaning toward keeping rates steady next week undermines JPY
Support 151.90-152.00, 151.50, resistance 152.80-85, 153.20
Asia range : 152.47-152.75
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Source:
London Stock Exchange Group | Thomson Reuters