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USD/JPY 161.8% Fibo targets by 125, USD broadly bid

USD broadly bid as even minor Fed tightening a sharp contrast to other CBs 161.8% Fibo targets by 125 & huge RKO defense at same; stops above Japan weekly investment flows into foreign (i.e. US) bonds up Y911b Long end o…

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  • USD broadly bid as even minor Fed tightening a sharp contrast to other CBs

  • 161.8% Fibo targets by 125 & huge RKO defense at same; stops above

  • Japan weekly investment flows into foreign (i.e. US) bonds up Y911b 

  • Long end of Treasury curve heavily bought by Japanese; GPIF Q1 update awaited 

  • Real money USD buying across-the board at NY open, SSE plunge, Greek doubts help 

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