USDJPY

25 thg 4, 2023

It is a quiet start to the day for the USD/JPY. There are no economic indicators from Japan or the region to influence. The lack of stats will leave the USD/JPY in the hands of market risk sentiment. On Monday, US economic indicators disappointed, with manufacturing sector data revealing more cracks in the US economy. Risk-off sentiment weighed on US Treasury yields, leading the greenback into the negative territory against most majors. However, monetary policy divergence left the USD/JPY in positive territory, with the BoJ showing no signs of a shift in course from ultra-loose. On Monday,