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Yen extends broader losses

USD
  • Although the Dollar is mostly showing mixed against G10 going into the European session, early mover is the Yen, extending lows against the USD, EUR, AUD, and GBP.
  • It's a 100 pips range now for the USDJPY, was up 0.46% overnight, but has extended to up 0.58%.
  • This is the first decline in the Yen so far this week, after the USDJPY fell 198 pips since Monday after the US data misses.
  • US 10yr Yield has seen similar support with Bund in Yield, Bund finding support at the 2.50% Mark, while the US 10s, found fading interest just ahead of May's low and the 4.30% level.
  • Resistance in USDJPY comes at 156.13 (20 day EMA).
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