Published: 2024-01-30T05:48:00.000Z
USD/JPY flows: Geopoliticla tension persist
FX Analyst
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Japan December unemployment rate dropped to 2.4% (expected 2.5%)
Japan's Kishida says will do "everything possible" to bolster household income
Biden expected to authorize US military strikes in mid-East Monday evening
On Tuesday Asia session, we saw Japanese December unemployment rate dropping to 2.4%. We also head from Japan's Kishida says will do "everything possible" to bolster household income. He highlighted the importance of wage hikes for the Japanese economics growth, which reinforces the importance of spring wage negotiation. Geopolitical tension persist with Biden expected to authorize US military strikes soon.
U.S. Treasury Yields are lower across the curve, so as JGB yields. USD/JPY is trading 0.09% lower at 147.35.