Published: 2024-08-01T03:39:57.000Z
USD/JPY flows: Continue the wild run

FX Analyst
2
USD/JPY continue its down move post BoJ
As market participants continue to digest the BoJ decision, USD/JPY continue to face more downward pressure with the Fed hinting cut is near. U.S. Treasury are recovering partially while JGB yields retreat, seems to be behind the rebound from 148.51 session low.
USD/JPY is currently trading 0.36% lower at 149.36.