By Robert Fullem — Feb 13 - 02:29 PM
(Adds chart)
• USD/JPY slides with Trsy yields after PPI report backs Fed cuts
• Broadly weaker USD, lower oil also on optimism about Ukraine also weighs
• Trump outlined reciprocal tariff plan in memorandum
• Added Ukraine would have a seat in peace process, trusts Putins intent
• Pair eyes 152.74 200-DMA after sliding below 153.25 100-DMA
• Resist: 153.60 cloud base, 154.40 21-DMA and 153.82 55-DMA
yen
(Robert Fullem is a Reuters market analyst. The views expressed are his own.)
Source:
London Stock Exchange Group | Thomson Reuters