By Krishna K — Apr 28 - 06:35 PM
USD/JPY recovers from minor dip in Asia after a 1.8% surge on Friday
Opens at 158.00 from 158.33 New York close; Asia range 158.43-157.80
Traders wary of BOJ intervention as rise "too far, too quick"
Sticky U.S. inflation, yawning U.S.-Japan yield differentials underpin
Benign Japanese inflation data, BOJ's dovish hold Friday undermine JPY
Japan frets over relentless yen slide as BOJ keeps ultra-low rates
Fri range 154.97-158.44; traders now eye 160.00 with support at 155.00
FOMC meeting, US payrolls to set directionthis week
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Source:
Refinitiv IFR Research/Market Commentary