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Published: 2024-08-13T05:07:36.000Z

USD/JPY flows: Sponsored by positive risk mood

byCephas Kin Long Yung

FX Analyst
1

Axios reported Iranian attack is not happening tonight

Japan June PPI 0.3%m/m

Headline of Iranian attack is not happening tonight supported the overall risk mood. Nikkei is up another three percent and bring it to level last seen on 2nd August 2024. U.S. Treasury and JGB yields are performing individually.

With Japan June PPI steadies, USD/JPY is trading 0.37% higher at 147.73.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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