By Haruya Ida — Feb 17 - 09:05 PM
• USD/JPY sees some bounce from 151.23 fresh low early Asia, to 151.79 EBS
• Japanese importer buys into today's Tokyo fix noted
• Market still on thin side following US holiday, pre-RBA rate announcement
• USD/JPY upside seen limited, good offers pre-152.00, option expiries too
• Today $872 mln higher between 152.75-90 but tomorrow $1.3 bln at 152.00
• Support in place ahead of 151.00 however with US yields on the bounce
• Treasury 2s from 4.250% low Friday to 4.267%, 10s 4.447% to 4.503%
• USD/JPY Feb 10/7 lows 151.20/150.93, stops eyed below and sub-151.00
• Related comments , , also
USD/JPY hourly:
Yield on US Treasury 2s - hourly:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters