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Published: 2024-08-20T03:42:50.000Z

USD/JPY flows: Volaitliy continues

byCephas Kin Long Yung

FX Analyst
1

USD/JPY swings by more than a figure 

USD/JPY has swung by more than a figure on Tuesday's Asia session with little headline nor economics release. The early dip in JPY pairs seems to be flow related as we see other majors little affected and approaching Asia noon there comes the USD bids. USD is trading broadly stronger against majors with U.S. Treasury Yields higher in the back end.

USD/JPY is trading 0.23% higher at 146.90 after testing a session low of 145.85.

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Topics
Foreign Exchange
FX DM
Flows
USD/JPY-Commentary

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