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CROSS ASSET: USDJPY targets the 149.00 handle

CROSS ASSET
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  • The Yen remains under some early pressure, US Yields have been supportive of the USDJPY, with some spillovers helping the GBP, EUR to their respective highs against the JPY.
  • The Dollar is actually mixed now across G10s, Yen is the worst performer down 0.22% and looking to test the 149.00 handle.
  • At the other end of the spectrum, the NOK is the best performer, up 0.22%.
  • Some Market participants are still eyeing potential risk towards the 150.00 handle, but good resistance is seen around the ~149.50 level, printed a 149.55 high Yesterday.
  • Looking at the US Tnotes, TYZ4 is back at pre US IJC/CPI level.
  • In 10yr Yield, it is moving back towards 4.10%, although it did break through that level on the Volatile price action Yesterday., managed a 4.1158% high.
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  • The Yen remains under some early pressure, US Yields have been supportive of the USDJPY, with some spillovers helping the GBP, EUR to their respective highs against the JPY.
  • The Dollar is actually mixed now across G10s, Yen is the worst performer down 0.22% and looking to test the 149.00 handle.
  • At the other end of the spectrum, the NOK is the best performer, up 0.22%.
  • Some Market participants are still eyeing potential risk towards the 150.00 handle, but good resistance is seen around the ~149.50 level, printed a 149.55 high Yesterday.
  • Looking at the US Tnotes, TYZ4 is back at pre US IJC/CPI level.
  • In 10yr Yield, it is moving back towards 4.10%, although it did break through that level on the Volatile price action Yesterday., managed a 4.1158% high.