Published: 2024-10-07T03:12:32.000Z
USD/JPY flows: Reversed Early Gains
FX Analyst
1
USD/JPY rose above 190 in early Asia
But have since reversed as U.S. Treasury Yields retraced more than JGB yields
USD/JPY rose above 190 in early Asia to 149.12 as follow through momentum of stronger NFP pushes the pair higher. As session progress, U.S. Treasury Yields have retraced more opening gains than JGB yields and see earlier gains in USD/JPY reversed.
USD/JPY is trading 4 pips lower at 148.61.