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Thomson Reuters
Jun 12 - 08:36 PM
USD/JPY - Lower US Yields, Trump Tariffs Threats Limit Upside
First appeared on eFXplus on Jun 12 - 06:20 PM
  • USD/JPY consolidates as rally attempts fail on burgeoning tariffs threats
  • Trump tariffs war could now extend to Russia's Nord Stream
  • Expectations low for Trump-Xi talks, ties "testy"
  • U.S. yield recovery stalls, subdued US CPI raises Fed rate cut expectations
  • US retail sales Fri, FOMC on June 19 shape up as next big event risks
  • Support 108.20-25, 108.00-05, major 107.77-81; resistance 108.80, 109.00-05

Wall Street asks when, not if, the Fed will cut rates: Click here

Source:
Thomson Reuters IFR Markets

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