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USD/JPY review

Quotes from Societe Generale Cross Asset Research: -USD/JPY: 118.86 - 119.09 overnight range. Spot oscillates in a tight range amid holiday-thinned Asian markets. -Nikkei at 15-year high and wider 10y UST/JGB spread (cur…

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Quotes from Societe Generale Cross Asset Research:

-USD/JPY: 118.86 - 119.09 overnight range. Spot oscillates in a tight range amid holiday-thinned Asian markets.

-Nikkei at 15-year high and wider 10y UST/JGB spread (currently 172bp) should support spot heading into the weekend. Res 119.55.

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