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Published: 2024-04-04T06:20:38.000Z

USD/JPY flows: Remains in consolidation

byCephas Kin Long Yung

FX Analyst
-

USD/JPY continue to hover around recent high

USD/JPY continue to hover around recent high above 151 and we did not hear any verbal intervention from the Japanese officials on Thursday, which seems to suggest the BoJ would be content with stalling further weakness in the JPY, rather than strongly bringing it up for now. Both the U.S. Treasury and JGB yields are higher. 

USD/JPY is trading 0.03% lower at 151.64.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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