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Published: 2024-07-23T04:24:20.000Z

USD/JPY flows: Looks like the turn has begun

byCephas Kin Long Yung

FX Analyst
3

USD/JPY dipped another half a percent without catalyst 

Vice President Harris has secured enough delegates

It is a rather empty economic calendar day with little headlines. The only one we got is Vice President K. Harris has secured enough delegates to be racing against Trump. U.S. Treasury Yields are lower across the curve while JGB yields rise.

USD/JPY is trading 0.4% lower at 156.37, which may suggest the turn for JPY has arrived.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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