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BUZZ-USD/JPY did little yesterday, more of same today?

ReutersDec 26, 2024 12:17 AM

  • USD/JPY did little yesterday despite talk from BOJ Gov Ueda

  • Range yesterday 156.98-157.50 EBS, Asia so far today 157.15-30

  • Inside day or one close to it eyed, BOJ December minutes only major news

  • Technically, USD/JPY holding above its 156.69-99 hourly Ichi cloud

  • 55-HMA in area at 157.11, Ichimoku tenkan and kijun too at 157.23, 157.24

  • No large option expiries nearby today, some so-so large in area tomorrow

  • JGB yields trading tad higher early, 2s @0.587%, 10s @1.069%

  • US market open today, Tsy yields firm, 2s indicated @4.339%, 10s @4.596%

  • Japanese importer bids eyed sub-157.00, on dips as usual

  • Related comment nL1N3NP00Y, also nL1N3NO06H, on BOJ nL1N3NL026

  • For more click on FXBUZ

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

Disclaimer: For information purposes only. Past performance is not indicative of future results.