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Apr 27 - 08:55 PM

USD/JPY - Supported As Tariff Turmoil Eases; BOJ In Focus

By Krishna Kumar  —  Apr 27 - 06:55 PM

• USD/JPY likely to stay supported after closing 0.8% higher on Friday

• Reduced concerns over U.S. tariffs, better risk appetite underpin

• Analysis-Yen, BOJ's rate policy may remain focus in Japan-US trade talks

• Japan seen as front runner to clinch deal, 2nd round of talks this week

• Upside limited as U.S. yields soften on growth slowdown concerns

• BOJ rate decision Thu, likely to keep rate-hike signal intact

• Resistance 144.21-144.36, 144.60, support 143.20-25, 142.90

• Friday range 142.615-144.03, Asia range 143.86-143.87
Core inflation in Japan's capital sharply rises:


(Krishna Kumar is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

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