Japanese Yen FX Update – Tokyo Jawboning Resumes
Current Situation: Japan has stepped up FX warnings and Tokyo authorities have resumed “jawboning” efforts to curb the yen’s slide. Officials are publicly emphasizing concerns about the yen’s one-sided depreciation and its impact on markets...
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Technical Analysis
Support & Resistance
Immediate support: $77.50 – recent intraday lows have held here, suggesting downside may be limited.
Next support: $77.00 – stronger floor that could attract buyers if $77.50 breaks.
Resistance: $78.50–$79.00 – short-term ceiling; sustained trading...
📉 WTI Dips Below $58.00
West Texas Intermediate (WTI) crude oil has slid under ~$58.00 per barrel after rallying to near a one‑week peak, with prices pressured by easing geopolitical risk premiums — especially optimism around Russia–Ukraine peace talks which can reduce price risk premia.
🟡 Why...
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