USD/JPY flows: Rally Pasues

USD/JPY has paused the recent rally on Thursday's Asia session with both the U.S. Treasury and JGB yields are higher. As we are getting closer to the 50% retracement of the recent correction in USD/JPY, market participants seems to be cautious in placing more longs with the possibility of a BoJ hike in a week.

USD/JPY is trading 0.05% lower at 152.37.