Published: 2025-03-07T03:56:17.000Z
USD/JPY flows: Retesting Thursday's low
FX Analyst
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Japan's Finance Minister Kato says recently there have been one-sided, rapid market moves
The USD/JPY is fast approaching Thursday's low at 147.30 as risk sentiment stays sour. Both the U.S. Treasury and JGB yields are lower. Combined with Japan's Finance Minister Kato's verbal intervention and Japan Economy Minister Ryosei Akazawa preparing to officially declare an end to long-term deflation, it looks like there are more downside to the pair.
USD/JPY is trading 0.24% lower at 147.62.