By Krishna K — Apr 07 - 06:25 PM
USD/JPY consolidates in a well supported range of 123.46-124.00 Thursday
Supported by rising l/t U.S. yields; 10-yr yield rises to 2.6730%, 3-yr high
Focus on Fed balance sheet runoff, Bullard comments underpin USDnL2N2W51HX
Fed's Bostic, Evans back rate rises with dovish overtones nL2N2W52O4
Growing perception Japan not averse to weak JPY undermines JPY nL2N2W502T
Above 124.30 opens test of 125.00-10; supports 123.45-50, 123.10-20
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Source:
Refinitiv IFR Research/Market Commentary