• USD/JPY continues to see volatile trading, up from 142.05 to 144.20 Friday
• Asia 144.36 to 143.17 EBS, volatility likely to continue on tariff news
• Focus now on electronics - Trump's next focus after steel, autos
• Concerns over the trade war could keep the yen better bid, trend up
• De-dollarization a major theme going forward? More so than US rate moves?
• US Treasury yields firm, 2s @3.933%, 10s @4.480%
• JGB yields not as much, 2s @0.604%, 10s @1.340%, rate differentials wider
• Heat-up in tariff war with China seen prompting moves out of US assets
• Nikkei up this morning following Wall St rally Friday but to last?
• Option expiries not a factor today, very small in area today
• Massive to the upside tomorrow however - 144.00 $1.8 bln, 145.00 $2.4 bln
• USD/JPY to trade in lower plane than seen just Thursday?
• IMM CTA data as of April 8 show JPY longs again up, up even more since?
• Related comments , , , also
• US markets , , ,
• On Fed/US data , on US tariffs ,
• On China moves , Japan on yen ,
• On IMM CTAs , , for more click on [FXBUZ]
USD/JPY:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)