By Krishna K — Sep 17 - 09:05 PM
USD/JPY unchanged in quiet Asian trading as Japanese markets closed Monday
Supported by elevated U.S. yields on the higher-for-longer Fed rates mantra
U.S. 2-yr yield closed above Fri; no trading in Asia due to Japan holiday
Traders brace for c.bank rate decision this week; Fed on Wed, BOJ on Fri
Downside limited as traders expect no change to Fed-BOJ policy divergence
Resistance 148.00-10, 148.50, support 147.40,147.00; Fri range 147.95-147.35
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Source:
Refinitiv IFR Research/Market Commentary