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USD/JPY slips on jobs, but rise in N225 futures partly offset

  • USD/JPY spiked down to 119.60 from 120.24, back up toward pre-release now

  • Drop in USD-JPY yield spreads being offset somewhat by rise in N225 futures

  • 223k just under forecast, but Mar revenue down & AHE up less than hoped: hits Treasury yields

  • Less fear of Fed tightening helps risk, hurts yen: bunds key, 120.62+ close needed for breakout

  • 1.3b at 119, 1.2b at 120, 585m at 120.25 & 1b at 120.50 expiries

  • Market Data
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