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

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, offer…

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  • 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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