“USD/JPY Bounces Back Above 131.00 Despite Lower Yields and Recession Fears”
USD/JPY is currently consolidating intraday losses around 131.20 as the US Dollar defends the previous day’s rebound from a two-month low heading into Thursday’s European session. However, the Yen pair remains on track to reverse last week’s gains amid downbeat Treasury bond yields. A possible monetary policy divergence between the Bank of Japan (BoJ) and […]