USD/JPY erases the advance from yesterday to start the session ...Middle East

The high earlier in the day was around 147.20 and tested the overnight high as well. Sellers held and since then, it's been one-way traffic now as we get into European morning trade. USD/JPY is back down to near 146.00, although buyers are very much still in control as evident from the near-term chart above.The pair has been more volatile than other major currencies in the last two months and things seem to be continuing that way.The bond market is not doing all too much, with yields down just slightly on the day. Meanwhile, risk sentiment is more cautious but nothing too defensive in the overall picture. S&P 500 futures are down just 0.1% currently.In FX, the aussie and kiwi are pushed much

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USD/JPY erases the advance from yesterday to start the session ...Middle East

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