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Published: 2024-06-11T03:41:19.000Z

USD/JPY flows: Slowly grinding higher

byCephas Kin Long Yung

FX Analyst
3

No verbal intervention from Suzuki

USD/JPY is slowly grinder higher for the week. We are quickly approaching the late May high at 157.71, currently trading at 157.24, up 0.14% for the session. Both the U.S. Treasury and JGB Yields are lower across the curve.

Suzuki did cross the wire yet it is not regarding FX moves and seems to let USD took the wheels for the pair.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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