By Martin Miller — Apr 17 - 03:45 AM
• Dollar attempts bounce into Easter weekend
• USD/JPY has rebounded from Asia's 141.62 low, lowest level since Sept 2024
• Recovery as hit 142.89 so far, on the EBS, in London trading
• There is considerable downside risk , 14-day momentum negative
• EUR/JPY is at risk of bucking its usual positive April trend
• Tokyo's negotiator: exchange rates not part of talks
• The yen is the wrong gambit in any US-Japan trade row
Daily Chart:
(Martin Miller is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters