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Mar 28 - 07:55 AM

USD/JPY - There Are Factors That Point To USD/JPY Gains Above 152.00

By Martin Miller  —  Mar 28 - 06:15 AM
  • Dollar gains as inflation data looms; yen on intervention watch nL2N3G60G7

  • Japan repeats verbal warning to yen bears, BOJ dovish tone nL2N3G60AQ

  • Japan authorities will struggle to stop yen falling nL2N3G40PL

  • USD/JPY has seen a 151.25-55 range, according to EBS data, on Thursday

  • USD/JPY chart remains bullish, expect a 152.00 break nL2N3G60ME

  • 152.00 barrier expiries clear the way for USD/JPY gains next week

  • USD/JPY and EUR/JPY pairs maintain a strong positive correlation

Source:
Refinitiv IFR Research/Market Commentary

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