USD/JPY: Offered tone with key 155โ€“158.20 range โ€“ Societe Generale

Societe Generaleโ€™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 halfโ€‘end repatriation flows.

Dollar/Yen softens on US rate repricing

"USD/JPY: 156.38 - 157.52 overnight range."

"Spot mildly offered on Williamsโ€™ comments and fiscal half-end repatriation flow."

"Support 155, resistance 158.20."

"Option strike at 157.00 ($1.4bn)."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor. Know more.)

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