Published: 2024-01-04T05:33:58.000Z
USD/JPY flows: Rebound supported by USD Bids
FX Analyst
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US to weigh strikes against Houthi terror bases in Yemen
The risk in geopolitical tension being escalated are fueling haven bids
BOJ Gov Ueda says he hopes Japan's economy can balance rises in wages and & inflation
BOJ Gov Ueda says he hopes Japan's economy can balance rises in wages and & inflation which does not bring any new information to market participants. The market focused on potential escalation of geopolitical tension as the U.S. may retaliate after the Red Sea attack. Market sentiment was not bright after the overnight slump in U.S. equity market and sentiment continue to remain sour in the Asia session.
USD has outbid JPY for haven and see USD/JPY rose 0.26% to 143.66.