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TDUX
Aug 27 - 09:55 PM

USD/JPY - Still Sideways With USD Mixed Elsewhere

By Haruya Ida  —  Aug 27 - 08:24 PM

• USD/JPY doesn't look to be going anywhere soon, another quiet Asia day?

• USD/JPY 159.33-39 EBS, between daily Ichimoku tenkan/kijun at 158.90/159.57

• Also between wider 200/100-DMAs at 158.41/159.99, below 160.63-162.51 cloud

• Again heading towards 159.18-24 hourly Ichi cloud, recently good support

• Option expiries today 158.00-50 $2.4 bln, some at 159.50, above from 160.50

• Options themselves do not seem to be a factor today

• JGB-US Treasury rate differentials see 2s @251 bps, 10s heavy @175 bps

• Little in way of news from Jackson Hole, some Fed off'ls hawkish, Sept hike?

• US economic data out yesterday did little to stir FX

• Related comments , , , also

• US markets , , ,

• On Fed-speak , , , on G20
USD/JPY daily:


USD/JPY hourly:


(Haruya Ida is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters
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