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Feb 13 - 05:55 PM

USD/JPY - Bears Emerge As Trsy Yields Sink

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

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