By Martin Miller — Sep 16 - 03:15 AM
USD/JPY outlook very negative as Fed/BOJ rate decisions loom nL1N3KV0BD
Spot has broken below 140 psychological level, knocking out barrier options
USD/JPY has collapsed from 140.89 to 139.70, on Monday, EBS data shows
Yen gains as bets firm on an aggressive Fed rate cut nL1N3KY052
Though LSEG IRPR App shows a BOJ hike not likely on Sept 20
EUR/JPY and USD/JPY currency pairs continue to trade in tandem
N.B. Japan's financial markets closed on for holiday on Monday nL4N3KY00V
Source:
Refinitiv IFR Research/Market Commentary