AceTraderFx Jan 10: Intra-Day Market Moving News and Views -USD/JPY Intra-Day Market Moving News and Views 10 Jan 2018 03:15GMT USD/JPY - 112.25.. Dlr languished near last Tuesday's 2-week low at 112.06 after intra-day selloff from 112.79 to 112.17 in hectic Asian morning. Trading the dlr proved to be tricky on Tue as price swung wildly as despite initial fall from 113.18 to 112.50 after BoJ trimmed its bond buying, price rebounded strongly to 112.96 in Europe due to renewed usd's strength but only to succumbed to broad-based yen buying n tumbled to 112.37 in New York morning. However, intra-day rally in U.S. yields where the benchmark 10-year yield soared to a 10-month high of 2.55% lifted price to 112.68. Intra-day weakness suggests market is now keen to test previous good sup area at 112.00/06. So selling dlr on recovery is the way to go. Offers have been lowered to 112.40/50 and more above with stops above 112.80. Bids are noted at 112.10-00 with stops reported below there. On the data front U.S. will release MBA mortgage applications, import and export price and wholesale trade data. A no. of Fed presidents will be speaking later today starting with Chicago Fed's Evans (non voter), Dallas Fed's Kaplan (non voter) n lastly St. Louis Fed's Bullard (non voter).