USD/JPY: Offered tone with key 155–158.20 range – Societe Generale
Societe Generale’s FX team reports USD/JPY trading between 156.38 and 157.52 overnight, with the pair mildly offered on dovish New York Federal Reserve President John Williams comments and fiscal half‑end repatriation flows.
Dollar/Yen softens on US rate repricing
"USD/JPY: 156.38 - 157.52 overnight range."
"Spot mildly offered on Williams’ comments and fiscal half-end repatriation flow."
"Support 155, resistance 158.20."
"Option strike at 157.00 ($1.4bn)."
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