Published: 2024-05-08T05:00:02.000Z
USD/JPY flows: Up three in a row
FX Analyst
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USD/JPY up three days in a row
Drew verbal intervention from Japanese finance minister
USD/JPY is up three days in a row and regained the 155 handle. Japanese finance minister restart their verbal intervention while Ueda casually pouring cold water by saing "Doesn't see yen moves as having a big impact on trend inflation so far". U.S. Treasury Yields are higher across the curve while JGB yields recovered the opening gap.
USD/JPY is trading 0.31% higher at 155.17.