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Published: 2024-01-03T05:24:05.000Z

USD/JPY flows: Subdue Range

byCephas Kin Long Yung

FX Analyst
-

Aftershocks hits Japan

But market subdue

Aftershock from the weekend earthquake hits Japan in the same area but the magnitude is lower and sees to do less damage this time. After a strong up day for USD/JPY, range in the FX market is so far subdued. U.S. and JGB yields are all flat with global sentiment tilting slightly negative.
USD/JPY is barely up 0.02% at 142 figure after gaining a figure on Tuesday.

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Topics
Flows
USD/JPY-Commentary
Foreign Exchange
FX DM

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