Japanese Yen Dips as JGBs Retreat from Bank of Japan Cap. Where to for USD/JPY?

January 20, 2023 at 06:00AM The Japanese Yen appears to be in a holding pattern after bond yields recoil from testing the Bank of Japan’s resolve as markets contemplate the Fed’s rate path. Will USD/JPY go lower?

Japanese Yen Dips as JGBs Retreat from Bank of Japan Cap. Where to for USD/JPY?