By Krishna K — Feb 05 - 04:00 PM
USD/JPY rallies 1% in Asia, gaps higher to 132.20 from Friday 131.20 close
Up on Nikkei report Japan govt sounded out Amamiya on becoming BOJ governor
Amamiya was seen by markets as top contender to take over as next governor
Also regarded as more dovish than other choices; initial reaction overdone?
"Monster" U.S. jobs report had already set stage for USD rally
Hawkish comments from Fed's Daly in late NYK trading provides further boost
Asia range 132.00-132.49; Friday global range 128.34-131.20
Resistance 133.00-05, 133.30 (55-DMA); support 131.90-132.00, 131.20-30
For more click on FXBUZ
Source:
Refinitiv IFR Research/Market Commentary