Published: 2024-09-17T02:40:36.000Z
USD/JPY flows: Early Gains Reversed
FX Analyst
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USD/JPY spike in early Aisa did not last
Japan Finance Minister Suzuki says he is analysing the impact of the strengthening yen
The USD/JPY spike to 141.24 in early Aisa did not last and has since reversed traction. The up move seems to be triggered by Suzuki's verbal intervention towards the recent JPY strength. Furthermore, he said he is analyzing the impact of the strengthening yen.
USD/JPY is trading 0.15% lower at 140.40.