USD/JPY Unfazed by Japanese Official Comments

Japanese officials’ recent tirade has failed to noticeably impact the USD/JPY currency pair, which has remained stable around 154.70 levels. Buyers remain cautious, awaiting a key trigger to drive prices and challenge the figure level. Meanwhile, Japanese bond yields are on the rise, with 10-year yields reaching their highest point since November last year. However, this has not affected USD/JPY. The coming week could bring heightened volatility for USD/JPY if the right triggers emerge.

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