Published: 2025-01-03T04:22:17.000Z
USD/JPY flows: Temporarily capped
FX Analyst
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USD/JPY is temporarily capped by the 158 figure
Washington Post reports that Biden will block sale of US Steel to Nippon Steel
USD/JPY looks to be temporarily capped by the 158 figure. There has been little headlines with the closet being Washington Post reporting that Biden will block sale of US Steel to Nippon Steel. We are not hearing anything from the BoJ nor Japanese officials on current FX level.
USD/JPY is trading 0.12% lower at 157.33.