Thursday, October 15, 2026

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USD/JPY early-week lows cap rebound, 122.37-51 crucial support

USD/JPY trapped, underwater spec longs exiting after early-week lows cap rebound EUR's tenacity in face of Grexit risk makes JPY a better risk-off buy Stocks & yield spreads softer, in part as Greek deal window closes 1.…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/JPY trapped, underwater spec longs exiting after early-week lows cap rebound

  • EUR's tenacity in face of Grexit risk makes JPY a better risk-off buy

  • Stocks & yield spreads softer, in part as Greek deal window closes

  • 1.6b of 123 & 3.5b of 122 expiries at 10ET cut likely a drag on prices as well 

  • Kuroda backtracking on JPY weakness threat too late; MOF flows bearish

  • 122.37-51 crucial support; stops below

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