Published: 2025-05-20T01:06:28.000Z
USD/JPY flows: Getting bids
FX Analyst
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Japan EM Akazawa: Japan, U.S. conducted working-level talks on bilateral trade on Monday
Nippon Steel sweetens U.S. Steel bid with US$14bn investment pledge
USD/JPY jumped to session high of 145.50 when most Asia market comes online. Apart from broadly somewhat upbeat sentiment, we have headlines from Japanese EM Akazawa suggest talks with U.S. was indeed continuing on Monday and Nippon Steel sweetens the U.S. Steel deal with more investment.
USD/JPY is still trading higher at 0.13% at 145.03.