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USD/JPY dived to session lows on dovish Fed

Source: Thomson Reuters USD/JPY price dived to session lows on dovish Fed Minutes & USD-JPY yield plunge Drag from yields partly offset by risk rebound, but N225 futures are heavy Tenkan & prior down TrendLine by 118.80 …

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USD/JPY dived to session lows on dovish Fed
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Source: Thomson Reuters


  • USD/JPY price dived to session lows on dovish Fed Minutes & USD-JPY yield plunge

  • Drag from yields partly offset by risk rebound, but N225 futures are heavy

  • Tenkan & prior down TrendLine by 118.80 pivotal on close

  • Key supports seen at 118.00-10

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