HALISTER1: USD/JPY Extends Gain to One-Month High; Sales-Tax Delay Seen

USD/JPY Extends Gain to One-Month High; Sales-Tax Delay Seen

(Bloomberg) -- USD/JPY touches 110.81 in early Asia session, highest since April 28; now up 0.4% to 110.79.
  • An Abe aide over the weekend that Japan needs to postpone sales-tax hike to 2019; Nikkei says a delay will be announced Wed.; a delay could boost stocks, trigger a general election
  • 5-DMA at 110.20 above 10-DMA at 109.97
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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