USD/JPY tumbling

  • A sharp drop for USD/JPY

Some JPY strength has taken USD/JPY down sharply towards 154.00.

No obvious immediate catalyst. It topped above 154.70 a good few hours ago and dribbled down to trade around 154.40/50 before its fall now.

The USD is weaker almost across the board today.

usdyen lower 07 November 2024 2

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