Published: 2026-03-11T04:43:56.000Z
USD/JPY flows: Calm Wednesday
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The IEA is weighing a record oil reserve release to calm markets after Hormuz disruption
The Wednesday Asia session is calm, compared to previous volatile sessions. We continue to have headlines crossing the wires on oil reserve release from the IEA and possible reports of attack on ship in the Strait of Hormuz. Yet, the calmer sentiment is seeing oil to further drop by another few dollars.
USD/JPY is trading 0.11% higher at 158.20.