By Krishna K — May 14 - 05:15 PM
USD/JPY well bid in Asia after closing +0.9% Fri on broadly stronger dollar
Boosted by higher U.S. yields; 2-yr +10bps, 10-yr +7bps on hawkish Fed talk
Rising U.S. inflation expectations cause rethink on Fed rate expectations
Fed policy on right track, but inflation still too high, officials say
Risk aversion, U.S. debt ceiling showdown likely to cap rallies
Japan's Kishida to order assessment on wage outlook by govt, BOJ- Nikkei
G7 central banks see need to weigh effects of past rate hikes- BOJ's Ueda
Fri range 134.41-135.76; resistance 136.00-10, support 135,20-25, 134.75-80
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Source:
Refinitiv IFR Research/Market Commentary