Halister News

(Bloomberg) -- USD/JPY extends decline following 0.5% drop on Friday as FBI opens new Clinton probe; the pair still set for monthly gain of around 3.2%, biggest advance since May.

• BOJ starts two-day meeting today; its decision and Governor Kuroda’s press conference are due tomorrow; click here for latest BOJ watchers’ call
• USD/JPY may fall on position adjustment after last week’s rally, says Naoto Ono, Tokyo-based analyst at Ueda Harlow in note today
  • Conversion line on ichimoku chart at 104.35 and psychological support at 104.00 may be key support on the pair
  • It could be hard for risk sentiment to develop as uncertainty surrounding U.S. presidential election increases on new Clinton probe
• USD/JPY falls 0.1% to 104.63 after touching 104.27 in early trading session, staying above pivot S1 at 104.30; the pair touched 105.53, highest since July 29 on Friday
• FX options expiring today include strike at 104.00 for $2.53b: DTCC
• Data due today include industrial production and retail sales for Sept.
• Future of 10-year govt bond rose 0.01 to 151.65 in overnight session
• Implied volatility of JGB futures rose to 1.80 on Friday
• Cabinet approval rating falls 1.8ppts to 53.9%, Kyodo says; Nikkei says cabinet approval rating rises 2ppts to 60%