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Jan 28 - 09:55 PM

USD/JPY - Maintains Firm Tone On Middle East Tensions

By Krishna K  —  Jan 28 - 07:50 PM
  • USD/JPY rallies 0.1% as dollar gains on Middle East tensions

  • 3 US troops killed, up to 34 injured in Jordan drone strike linked to Iran

  • Oil jumps 1% after Houthis attack fuel tanker in Red Sea; S&P E-Mini -0.25%

  • Resilient U.S. economy supports; odds of a March rate cut now below 50%

  • Fed meeting, Treasury's quarterly refunding announcements eyed this week

  • Waning threat of BOJ rate hike undermines JPY as Tokyo inflation slows

  • Asia range 148.04-148.34; support 147.50-60, resistance 148.30, 148.70

  • For more click on FXBUZ

Source:
Refinitiv IFR Research/Market Commentary

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