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USD/JPY heavy, 21-d Bolli by Wed & today's 118.79 lows prop

Source: Thomson Reuters USD/JPY heavy, but GPIF et al bids reportedly limit dips below 119; stops sub 118.70 21-d Bolli by Wed & today's 118.79 lows props post 118.94 Cloud/Fibo break Weak US data drag yield spreads & US…

By Jay L. Zagorsky
1 min read
USD/JPY heavy, 21-d Bolli by Wed & today's 118.79 lows prop
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Source: Thomson Reuters


  • USD/JPY heavy, but GPIF et al bids reportedly limit dips below 119; stops sub 118.70

  • 21-d Bolli by Wed & today's 118.79 lows props post 118.94 Cloud/Fibo break

  • Weak US data drag yield spreads & USD down; but 2-yr spreads above Apr low

  • Japan Flow data show limited Japan buying of foreign bonds after pre yr-end dive

  • US Claims, Building Permits & Housing Starts, then Apr Philly Fed due ahead

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