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Dec 18 - 05:55 AM

USD/JPY's Downside Limited, Fed/BOJ Rate Decisions Loom

By Martin Miller  —  Dec 18 - 03:50 AM
  • USD/JPY seen a steady 153.33-153.78 range, on Wednesday, EBS data shows

  • The daily Ichimoku cloud currently spans the 147.61-152.65 region

  • Thickening and rising cloud should limit corrections nL1N3NJ090

  • Note the euro usually climbs against the yen in December nL2N3N50BM

  • FX options show extent of BOJ risk to the yen nL8N3NI1JK

  • BOJ's rate hike debate shifts from 'when?' to 'how high?' nL4N3NI1J0

  • A slim majority of economists see BOJ skipping Dec rate hike nL4N3NB0GY

  • Japan's exports rise faster than expected, helped by weaker yen nL1N3NI171

Source:
London Stock Exchange Group | Thomson Reuters

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