Currently 122.33 underpinned but weighed by cross supply
Offers: 122.50 122.65 122.80 123.00123.20 123.50 123.85 124.00
Bids: 122.20 122.00 121.80 121.50 121.30 121.00 120.85 120.60-65 120.50
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USDJPY orders 17 Dec
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- In-line CPI report leads to a blockbuster day for US stock markets
- US stocks open higher led by the NASDAQ index
- USD/JPY sent for a spin but now moving higher as BOJ rate hike odds fade
- Brazil's central bank hikes rate to 12.25% (from 11.25% and vs. 12% expected)
- USD/JPY looks to US CPI report to potentially break ping pong range
- BOJ reportedly erring towards keeping interest rates unchanged next week
- USD/JPY back above 153.00
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