By Martin Miller — Dec 24 - 02:55 AM
Fin Min Kato repeats warning against excessive yen selling nL1N3NP01D
USD/JPY consolidating since it hit 157.93, Monday, highest level since July
USD/JPY has seen a 156.90-157.41 range, on Tuesday, according to EBS data
Fourteen-day momentum remains positive, reinforcing the bullish outlook
Fed/BOJ decisions last week means downside is limited nL1N3NK0AB
The euro usually climbs against the yen in December nL2N3N50BM
The 30 and 60-day correlations between USD/JPY and EUR/JPY are high
Source:
London Stock Exchange Group | Thomson Reuters