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USD/JPY 1-month volumes at pre QQE2 lows

Wednesday, February 25, 2015 1:39 PM UTC

Source: Thomson Reuters

USD/JPY overnight low at 118.62 just above converged Kijun & 21-DMA at 118.57
Rebound since probes falling Tenkan & exporter/mo-end offers by 119
Cloud bottom, Feb 16 lo, 61.8% 118.10-11
USD-JPY yield spreads edge slightly higher
1-mo volume at lowest since Oct 30 & pre QQE2 launch

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USD/JPY 1-month volumes at pre QQE2 lows

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