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Thomson Reuters
May 31 - 12:12 AM
USD/JPY - 108.54-92 So Far In Asia, Top-Heavy At Month-End
First appeared on eFXplus on May 30 - 10:40 PM
  • USD/JPY top heavy at month-end, range so far 108.54-92, soggy.
  • US yields soggy too after good bounce yesterday, Treasury 10s @2.843%.
  • USD/JPY back below descending 55-HMA at 108.83, Ichi cloud base 108.60.
  • Hourly Ichi cloud base lower to 108.55 before turning up again.
  • USD888 mln total option expiries between 108.75-90 to help cap, more above.
  • Bias down, Japanese exporters look to sell on rallies again.

USD/JPY: Click here

Yield on US Treasury 10s: Click here

Source:
Thomson Reuters IFR Markets

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