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Jun 16 - 01:55 AM

USD/JPY - , JPY Crosses Off Highs But Still Relatively Bid

By Haruya Ida  —  Jun 15 - 11:38 PM

• USD/JPY, JPY crosses off highs but still relatively bid in Asia

• Surge in crude oil prices, concerns over supply weigh on JPY

• No end in sight to Israel-Iran tensions, market awaiting fresh news

• Market also awaiting fresh word on US tariffs from G7, on central banks

• BOJ and Fed both seen on hold this week but yields in flux

• USD/JPY holding above 143.37-144.13 hourly Ichi cloud, Asia 143.90-144.74

• Also mostly above 100-HMA at 144.29, 200-HMA 144.10, below, in cloud

• 144.83-145.59 daily Ichimoku cloud still caps, Japanese exporter offers too

• Massive $7.4 bln 145.00 option expiries, related sales up top too

• EUR/JPY backs off from early 166.88 EBS high, low 166.43

• GBP/JPY 194.96-196.05, on hold near recent highs

• AUD/JPY less bid, 93.19-88, range May 23-June 11 91.60-94.74

• Related comment , BOJ preview , also

• And , for more click on [FXBUZ]

USD/JPY:


EUR/JPY:


AUD/JPY:


(Haruya Ida is a Reuters market analyst. The views expressed are his own)

Source:
London Stock Exchange Group | Thomson Reuters

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