USD/JPY up after rebound in US yields, still volatile
USD/JPY still volatile, up in New York on rebound in US yields
Despite dovish Fed-speak, cool US data, US Tsy 2s to 4.025%, 10s to 3.877%
US yields off some since and USD/JPY falling back from 146.53 high
Asia so far 146.03-27 EBS, near middle of 144.46-148.05 range this week
FOMC Chair Powell speaks tonight at Jackson Hole but dovish talk discounted?
High overnight initial resistance, descending 200-HMA 146.87 above
Support from area of 100-HMA now at 146.07, hourly Ichi cloud 145.68-90
Japan importer demand into pre-wkend Tokyo fix, Gotobi falls on Sunday too
Japanese exporter, other offers eyed on rallies, from around high yesterday
$626 mln 146.00 option expiries, $853 mln 146.20-30, gravitational pull?
Caution may prevail after up-down moves this week, in often very thin trade
BOJ Ueda to testify in Diet on recent Nikkei plunge, to touch on policy
Related comments nL1N3K90UO, nL1N3K90N4, nL1N3K908H, nL1N3K701W
Also nL1N3K90V0, on Fed-speak nL1N3K90K0, US data nL1N3K90JK
US markets nL1N3K90RG, nL1N3K912K, nL4N3K915R, nL1N3K900S
For more click on FXBUZ
USD/JPY: https://tmsnrt.rs/4cC58mb
USD/JPY nearby option expiries into next week: https://tmsnrt.rs/4cEOr9U
Yield on US Treasury 2s: https://tmsnrt.rs/4cwJ4te
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
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