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USD/JPY extends pullback on poor GDP and rising JGB yields

Source: Thomson Reuters US Treasury yields, USD down on Final US GDP miss JGB yields up overnight adding to USD-JPY yield spread pressure and USD/JPY's drop Thur's rebound by Cloud base/61.8% at 118.21/19 couldn't close …

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USD/JPY extends pullback on poor GDP and rising JGB yields
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Source: Thomson Reuters


  • US Treasury yields, USD down on Final US GDP miss

  • JGB yields up overnight adding to USD-JPY yield spread pressure and USD/JPY's drop

  • Thur's rebound by Cloud base/61.8% at 118.21/19 couldn't close above up TrendLine

  • USD1.4bln of 119 expiries attract into NY cut; 100-DMA at 118.90

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