Published: 2026-03-12T05:39:10.000Z
USD/JPY flows: No Boring Day for Oil
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China has reportedly called for immediate ban on fuel exports for March
Geopolitical tensions reheat with oil tanks being attacked crossing the Strait and Arab oil facilities under drones attack. The USD once again received more haven bids and see USD/JPY breaking 159 figure. It is surprising we haven't heard anything from the Japanese government in terms of verbal intervention.
USD/JPY is trading 0.08% higher at 159.05.