USD/JPY up small leg from yesterday, still below 150.00
USD/JPY 148.83 low in Asia to 149.81 yesterday, despite lower US yields
Asia so far today 149.53-66 EBS, up a leg and on hold pre-150.00
US yields off yesterday notwithstanding, Treasury 2s @3.940%, 10s @4.021%
Moves down in yields on back of firmer expectations of a Nov Fed rate cut
Option expiries today to help contain action, massive above and below
Between 148.90-149.20 total $1 bln, 149.50 $525 mln, 150.00-15 $1.7 bln
Japanese exporter sales again eyed at Tokyo fix, may trump importers
USD/JPY still in 144.50-151.33 daily Ichi cloud, above thin 149.32-41 hourly
55-HMA 149.44 just above hourly cloud, 100-HMA 149.28 just below
Related comments nL1N3LL05Y, nL1N3LS0BV, nL1N3LS0AC, also nL1N3LS0W9
US markets nL1N3LS0YN, nL1N3LS12U, nL4N3LS14F, nL1N3LS01Z
On Cleveland Fed report nL1N3LS19D, Goldman view nL1N3LS17I
On US data nL1N3LS0JO, also nL4N3LS14O, for more click on FXBUZ
USD/JPY: https://tmsnrt.rs/4h6o6F3
USD/JPY nearby option expiries into next week: https://tmsnrt.rs/3Ysc2Xm
JGB-US Treasury 2-year interest rate differential: https://tmsnrt.rs/3zSDPqG
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
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