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USD/JPY holds bids at 119, Claims, Evans give 119 defenders a rest

Thursday, May 7, 2015 1:04 PM UTC

Claims at 265k v 262k last & 279k forecast breathe life into USD after 119 bids held
Risk recovery into NorAm, with USD, stocks & stocks bouncing; yen slipping
Japan's return overnight saw JGB yield catch-up spike & more equity losses
Stuck between large 119 & 120 expiries today & likely midrange into NFP
EUR/JPY getting an overbought bearish divergence beat-back; most crosses heavy

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USD/JPY holds bids at 119, Claims, Evans give 119 defenders a rest

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