Published: 2024-09-04T00:46:37.000Z
USD/JPY flows: Follow through overnight JPY bids
FX Analyst
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Japan’s $1.75 tln state pension fund may step up domestic purchases
The USD/JPY has followed the overnight momentum and see more JPY bids in early Asia. Bloomberg reported Japan’s state pension fund may step up domestic purchases which would likely be supportive for Japanese asset and JPY.
USD/JPY is trading 0.29% lower at 145.04.