USD/JPY flows: A quick dip to yearly low

As U.S. Treasury Yields slip across the curve, the USD/JPY take a quick test to yearly low at 140.65 before rebounding to sub 141 level currently. There is little impetus form the Japan end, the move seems to be triggered by market participants anticipating of the Septmeber FOMC cut.

USD/JPY is trading 0.52% lower at 141.05.