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USD/JPY subdued as Nikkei closes at fresh15-year high

Nikkei closed at 19,754.36, up 194.14 points, +0.99%, 19,778.60 intra-day. Pair muted due to low US yields, Tsy 10s 1.926%, 2s 0.579%. Pair to trade in 119.75-120.12 range, with support at 119.65-70/25-30. Trader stops s…

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  • Nikkei closed at 19,754.36, up 194.14 points, +0.99%, 19,778.60 intra-day.

  • Pair muted due to low US yields, Tsy 10s 1.926%, 2s 0.579%.

  • Pair to trade in 119.75-120.12 range, with support at 119.65-70/25-30.

  • Trader stops seen sub-119.65, 119.25, more sub-119.00.

 

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