WSJ Tokyo @SuryatapaB
2044 ET – Lacking fresh trading cues ahead of the Thanksgiving holiday in the US and a national holiday in Japan, the dollar-yen “will continue to trade at the mercy of US Treasury yields,” says Stephen Innes, a senior trader at Oanda. US bond yields fell overnight amid investor concerns about growth and inflation. Federal Reserve policy cues and US tax reform news updates can support the dollar, but the news flow “has slowed to a drip” ahead of Thanksgiving, so investors will watch and wait, he says. USD/JPY is at 112.26 versus 112.44 in late New York trade.(email@example.com ;@SuryatapaB)
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