USD/JPY is a notable mover amid a Japanese holiday today, with the pair seen up 0.6% to 153.90 currently. The yen is slumping as dip buyers step back in following a test of the 152.00 mark at the end of last week. Still, the big winner last week was Tokyo as USD/JPY suffered a drop of over 3% - its biggest since November 2022.As we look to today, the dollar remains on edge in general as seen here. Meanwhile, equities are still holding up after the jump higher on Friday. S&P 500 futures are seen relatively steady, up around 0.1% currently. In the bond market, we saw 10-year Treasury yields dip back to 4.50% and that invites some questions about the Fed outlook.After the US jobs report, trader
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