Thursday, October 15, 2026

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USD/JPY offers into 120.30 cap by Fri's 120.29 high

USD/JPY offers into 120.30 cap to start NorAm day amid London & Japan holidays Minor retracement & hourly Hi/Lo supports at 119.86-90 & 119.60 Decent support into 120 & the Cloud top at 120.03, but Treasury yields are sl…

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

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  • USD/JPY offers into 120.30 cap to start NorAm day amid London & Japan holidays

  • Minor retracement & hourly Hi/Lo supports at 119.86-90 & 119.60

  • Decent support into 120 & the Cloud top at 120.03, but Treasury yields are slipping

  • Fed speakers/Factory Orders coming up later in the day

  • BOJ's reflation goals looking ever more elusive & QQE3 more likely in H2

  • Rebound in NFP expected Fri & rate spreads to support unless stocks drop

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By FxWirePro Team