USD/JPY above its US high

USD/JPY is above 104.20 104.25 and higher than its US timezone high, extending its gains.

There is no specific news catalyst although we did have some data a little earlier:

The data, of course, argues for continued BOJ accommodation and thus a weak yen ... but that should be unsurpriisng.

Elsewhere in Asia USD/KRW is hitting highs not seen since November last year.

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