USD/JPY back above 150.00

  • Yen swings continue

There is no fresh news nor data catalyst pushing the yen weker.

We got some data earlier that didn't it seems to me, argue for yen weakness:

And yet, here we are:

usd yen jpy update 25 February 2025 2

Looks like a solid band of resistance just to the left there around 150.50 and area? Let me know in the comments.

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