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USDJPY TECHS

Approaching Resistance

EURGBP TECHS

Stalls Ahead Of key Resistance

AUSSIE BONDS

IRM2/U2 Given

UK

Timeline of key events (Times BST)

GBPUSD TECHS

Bounce Leaves Triangle Base Intact

EUROZONE

Timeline of key events (Times BST)

DOLLAR-YEN
DOLLAR-YEN: Trade headlines dominated the USD/JPY cross on Wednesday, the WSJ
reported that China is considering other ways to retaliate to U.S. tariffs which
briefly took the pair under Y111.00, but as U.S. Tsy yields firmed the pair
broke above the key Y111.45/50 area, accelerating to 6-month highs of Y112.17.
- Elsewhere a Motoshige Itoh, a member of the Japanese government's economic and
fiscal policy council, suggested that the BOJ "raising interest rates is out of
the question," adding that a change in policy direction in the near future would
risk upending markets.
- There is little in the way of Japanese tier one data apparent during the
coming days, so focus is likely to remain on global risk appetite.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com