Published: 2025-04-15T02:29:07.000Z
USD/JPY flows: Some jawboning
FX Analyst
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Japan finance minister Kato says negative impacts of excessive FX volatility
As JPY continues to gain, we are hearing some more jawboning from the Japanese FM, Kato. While it is very unlikely they will want to weaken JPY, any vigorous movement in a short period of time is always not favorable. U.S. Treasury Yields are lower across curve while JGB yields closing the opening gap.
USD/JPY is trading 0.11% higher at 143.16.