Published: 2026-01-05T03:57:35.000Z
USD/JPY flows: Heading North Again
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The opening gap did not last
USD/JPY initially opened lower as market participants seek haven after the geopoltiical turmoil in Venezula. However, the gap did not last as USD gains the upper hand in terms of haven. BoJ's Ueda copy and paste comment did not have a lasting impact in supporting the JPY for none believe the political obstacle towards another hike is easy to overcome.
USD/JPY is trading 0.25% higher at 157.20.