Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Jan 28 - 07:55 PM

USD/JPY - Stays Bid Awaits Fed Meeting, Treasury's Borrowing Plans

By Krishna K  —  Jan 28 - 06:05 PM
  • USD/JPY starts the week on a firm note after closing 0.3% higher Fri

  • Supported by higher U.S. yields, waning threat of BOJ rate hike

  • Boosted by resilient U.S. economy; odds of a March rate cut now below 50%

  • FOMC meeting, Treasury's quarterly refunding announcements eyed this week

  • Inflation in Japan's capital slows, missing central bank's 2% target

  • Fri range 147.41-148.21; support 147.50-60, resistance 148.30, 148.70

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2024 eFXdata · All Rights Reserved
!