Published: 2025-02-25T02:34:33.000Z
USD/JPY flows: Getting a foothold on 150
FX Analyst
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Japan PPI Services for January +3.1% y/y
The Japanese PPI continues its slow grind higher, indicating more cost pressure to be read in the coming inflation. JGB yields opened lower on Tuesday while U.S. Treasury Yields are also trading lower.
USD/JPY has recaptured the 150 handle and is seen trading 0.17% higher at 149.95.