USD/JPY stays bearish below 139.00 on downbeat options market signals

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USD/JPY bears poke 138.50 on downbeat options market signals – by anilpanchal7 USDJPY Options Markets RiskAppetite Currencies

USD/JPY remains depressed at an intraday low around 138.55 as bears keep the reins during a second consecutive day amid early Tuesday.

On the other hand, an easing in China’s daily covid infections from an all-time high and the announcement of more support measures for the nation’s ailing real-estate sector seemed to have favored the USD/JPY pair’s latest weakness.USD/JPY slides towards 138.50 on mixed Japan data, pullback in yields, focus on China, Fed talks

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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