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USD/JPY easy as US snoozed, now awaits US jobs data



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  • USD/JPY fell back a touch yesterday while the US snoozed, USD broadly easy

  • Back up from 160.95 low however, Asia so far 161.19-38 EBS, quiet eyed

  • Japanese importer demand continuing on dips, exporters on rallies

  • Gotobi Tokyo fix demand seen on top of usual pre-weekend USD buys

  • Some option expiries in area today - 160.00 $587 mln, 161.00 451 mln

  • 161.00 option expiries Monday, into next week too but not massive

  • USD/JPY trade likely between 160.83 200-HMA, 161.48 55-HMA, 100-HMA 161.42

  • US yields supportive? Indicated tad higher, Tsy 2s @4.714%, 10s @4.369%

  • US jobs data key to rates, non-farm payrolls +190k eyed, unemployment 4.0%

  • Related comments nL1N3IW093, nL1N3IW065, nL1N3IU02F, nL1N38F03N

  • Also nL1N3IW0HL

  • Other markets nL1N3IW0F5, nL4N3IW0EU, nL4N3IW0OG, nL1N3IW01U

  • For more click on FXBUZ


USD/JPY: https://tmsnrt.rs/4cKxVWc

USD/JPY nearby option expiries into next week: https://tmsnrt.rs/4cuZwLe

Yield on US Treasury 10s: https://tmsnrt.rs/3W9XaMa

(Haruya Ida is a Reuters market analyst. The views expressed are his own)

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