USD/JPY: Clings to 108.80 level as USD rebounds
USD/JPY is consolidating near 108.80 level in the early Asian session. US Treasury yields lift
Financial and Business News
USD/JPY is consolidating near 108.80 level in the early Asian session. US Treasury yields lift
Japan's economy picking up but risks from a resurgence in covid infections continue to warrant
USD/JPY is holding ground ahead of US employment figures. The pair is technically neutral –
Japanese Economy Minister Yasutoshi Nishimura said that the advisory panel agreed to extend the covid-induced
USD/JPY remains depressed near 109 in the Asian session. Lower US Treasury yields undermine the
The risk-on mood undermined the safe-haven JPY and assisted USD/JPY to gain some traction. The
USD/JPY still targets the 110.00 region in the short-term horizon, noted FX Strategists at UOB
The Bank of Japan Minutes of the Monetary Policy Meeting on March 18 and 19, 2021
A softer risk tone benefitted the safe-haven JPY and prompted some selling around USD/JPY. A
The Japanese yen remains weak as the USD/JPY pair has reached the 55-day moving average.