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USD: USDJPY drifts back to session low

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  • USDJPY unwinds further gains, and looks to test back its overnight printed low of 157.76.
  • There's very little movement in Risk, or Yield, and looking at the CME, some JPY buying (small) is going through, helping this latest move (see chart).

(Chart source: MNI/Bloomberg):

JPY CME Volume
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  • USDJPY unwinds further gains, and looks to test back its overnight printed low of 157.76.
  • There's very little movement in Risk, or Yield, and looking at the CME, some JPY buying (small) is going through, helping this latest move (see chart).

(Chart source: MNI/Bloomberg):

JPY CME Volume