USD/JPY is in the middle of a nice turnaround after it held support at 142.00 in four separate dips in the past two trading days. The pair got as low as 142.24 in Asia and tested that again in early Europe but it's surged since and is now trading above 144.00. Most of those gains have come in the past hour as money flows back into the US.
Bonds are bid today finally and that may have the market feeling that the worst of the basis trade blowup is over. It's a reversal of the usual correlation that is: High yields = high USD/JPY but it reflects deep uncertainty about the US policy path.
Hence then, the article about usd jpy is 180 pips above the session lows was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( USD/JPY is 180 pips above the session lows )
Also on site :
- After a decade of failed bills and three years of resignations, Washington finally discovers it cares about AI safety
- Kim Kardashian’s New Baseball Reality Show Follows 7 Families Chasing Big League Dreams—and the Parents Bring the Drama
- Dakota Johnson on Being in Taylor Swift’s ‘Patient Zero’ Music Video: ‘We Respect Each Other’s Creative Minds’