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CAD/JPY Rockets on Blowout Canadian Jobs Surprise – Bulls Target 113-115 as BoC Cut Odds Collapse

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Yields & bids helps steady USD/JPY above 118.94 Cloud base

Tuesday, April 28, 2015 12:39 PM UTC

USD/JPY sold overnight on broad USD unwind, Japan Retail Trade & Small Biz Confidence missed on downside
USD-JPY yield spreads by last week's high, N225 futures off day's low
USD/JPY steady above 118.94 Cloud base, offers 119.15-20/25-30 pre US GDP
Higher yield currencies in demand amid hopes steady Fed, easier PBOC hopes
FOMC & BOJ; 2nd tier data today, Nishimura confirms no QQE3 pressure

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Yields & bids helps steady USD/JPY above 118.94 Cloud base

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