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USD/JPY Back Sub 144.00

JPY

USD/JPY has drifted lower into the Tokyo fix. The pair last at 143.90/95, around 0.20% stronger in yen terms versus end Monday levels in NY.

  • Some modest support is evident from lower US TSY levels, although there hasn't been any follow through to the initial move lower.
  • Tokyo CPI came and went without much yen impact, with the print close to expectations.
  • Monday lows for the pair at 143.66 remain intact for now. Opening levels were at 144.23.

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