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USDJPY challenges 150.00

CROSS ASSET
  • USDJPY look to break the 150.00 handle, taking its cue from the underpinned Treasury Futures (tick lower in Yields).
  • US Cash and Swap traders will look for 4.10% in 10yr Yield term next, equates circa 111.27.
  • For the USDJPY, a clear break through the 150.00 figure, would see the next support much further out, down to 149.03 Low Mar 19.

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