USD/JPY flows: JPY Stays Soft to start the week

Headline crossed the wire that Japan chief cabinet secretary Hayashi cites BOJ's Governor Ueda saying more rate hikes ahead. It would be reinforcing the hawkish stance from the BoJ to indicate there maybe multiple hikes in the coming quarters in light of the latest strong CPI.

USD/JPY continues the session's strength to trade 0.49% higher at 142.92 with USD broadly higher along U.S. Treasury Yields.