Cephas Kin Long Yung

FX Analyst

<p>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.<br>USD/JPY is barely up 0.02% at 142 figure after gaining a figure on Tuesday.</p>


USD is trading broadly higher against most major peers on the first official trading day of the year. There seems to be haven bids on the greenback as Houthi leadership openly suggest military operation against the U.S. over the weekend. In the past months, U.S. have constrained their military actio

USD/JPY flows: Subdue Range

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