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USD/JPY carom off key props in 123.20 stalled by offers at 124

  • Stellar UoM Sent didn't push USD-JPY 2-yr yields higher, but +2.3bp on day

  • USD/JPY carom off key props in 123.20 stalled so far by offers at 124; stops above 

  • June ISM & NFP on tap in next week's holiday-shortened US trading

  • A USD/JPY rise on strong US data not something official Japan will denounce

  • US STIRs still doubting Fed hikes. C-O-T & Greek drama the next events

  • Market Data
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