By Martin Miller — May 07 - 05:45 AM
USD/JPY has risen from 153.88 to 154.65, on Tuesday, EBS data shows
4th weekly close in a row above long-term 152.60 Fibo bullish nL1N3H92TW
Huge rate differential between Fed and BOJ continue to underpin spot
However, Japan warns of action over rapid currency moves nL1N3H9310
Ueda: Bank of Japan to scrutinise yen moves in guiding policy nL4N3HA2LW
USD/JPY and EUR/JPY pairs maintain strong 30/60-day positive correlations
Source:
Refinitiv IFR Research/Market Commentary