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USDJPY has had a look above 109.00, printing....>

YEN
YEN: USDJPY has had a look above 109.00, printing highs of 109.06, with US
10-Year Tsy yields edging back above 3.00% in Asia-Pacific hours. USDJPY last at
108.95, EURJPY last at 133.20, AUDJPY last at ~82.70.
- Takeda-Shire M&A developments also added weight to the JPY in the early part
of the Asia-Pacific session.
- JPY crosses have garnered additional support from reports of less USD hedging
by Japanese lifers & a warmer tone between the US & North Korea.
- Upside interest for USDJPY comes in at yesterday's high (109.19) followed by
the 100-WMA (109.45). Hourly support from April 23 is seen at 108.54.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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