Published: 2024-09-10T05:08:20.000Z
USD/JPY flows: Little changed
FX Analyst
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Japan PM contender Kato wants Japanese to have higher wages
The potential Japan PM candidate Kato calls for a bold stimulus package, including a prompt of higher wage. His remarks seems to be out of line with his view towards household income, not to mention the fiscal limit for the Japanese government.
USD/JPY is trading close to unchanged at 3 pips high to 143.17 as U.S. Treasury Yields outperform JGB yields.