- USD/JPY clings to mild losses amid inactive markets, mixed concerns at home.
- BoJ held record JGB’s in March to tame hawkish concerns as Kuroda bids adieu.
- Japan’s real wages remain downbeat despite recent improvements, household spending also drop.
- Fears of BoJ’s exit from ultra-easy monetary policy, downbeat US data and yields keep bears hopeful ahead of key catalysts.
USD/JPY struggles for clear directions as Good Friday’s off outside Japan joins mixed factors at home, as well as cautious mood ahead of the key US data, to challenge momentum traders. That said, the Yen pair seesaws around 131.60-70 while printing mild losses on its way to reverse the previous weekly gain, which was the first in five.
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