By Robert Fullem — Apr 02 - 03:11 PM
• USD/JPY posted a new session high above 150 as risk tone improves
• Range widens to 149.10-150.25 on EBS after finding solid bids near the low
• Trys yields firm after solid US data, leader comments about tariffs
• TikTok buyers emerging ahead of weekend deadline also lifts mood
• Overnight vol seen at ~20% before Trump tariff announcement
• Yen crosses turn higher with shares; EUR/JPY inches above 200-DMA
• Support: 149.12 21-DMA; 148.92 base line; 148.18 March 20 doji low
• Resistance: 150.25-26, session and Mon. high; 150.76 March 24 high
Yen
(Robert Fullem is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters