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USD/JPY ends overnight slide, yields attract fresh buys above Fib/Kijun

Source: Thomson Reuters


  • USD/JPY ends overnight slide on Nakaso & Nippon Life arguments against nearby QQE3
  • Rising USD-JPY 2-yr yield spreads to support prices, rise to mid-121.00s is likely next week
  • 120.22 low by Kijun & 61.8% of Thu-Fri wide (120.19); offers 120.45-50
  • 1.1bln of 121 expiries biggest one nearby; US Import Prices next event

  • Market Data
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