Published: 2024-07-16T05:59:40.000Z
USD/JPY flows: Rebound to challenge 159

FX Analyst
2
USD/JPY rebound and the return of jawboning
It is a relatively quiet session after the market digest Trump's assassination attempt over the weekend. USD is trading broadly higher, especially against JPY and the antipodeans. Both the U.S. Treasury and JGB yields are treading lower.
USD/JPY is trading 0.48% higher at 158.71.