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Published: 2024-09-17T02:40:36.000Z

USD/JPY flows: Early Gains Reversed

byCephas Kin Long Yung

FX Analyst
-

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.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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