DislikedI think the main push for this pair might not be coming from US itself although no doubt US effects may contribute to this pair on the upwards/downwards swing by in an 'uptrend' on USD/JPY... Instead im rather expecting the more to come from Japan.... One thing, we've been focusing on the US economy, but on the other part the push factors from the other economy might be the ones in relation... Just my view....Ignored
Yes, Japan also is very important factor, Japanese will to do something about stagnation is more reliable for bulls than some spectacular recovery in US. Japanese are sick of stagnation and they want their Nikkei up and they will do it no matter what, it's a samurai thing
EDIT: resistance at 127.80/128 at US10y t-notes is still holding, IF price fails here UJ will get more fuel.
"The secret of politics? Make a good treaty with Russia." Otto von Bismarck