USD/JPY jumps to test 143.00 as US Dollar rebounds with yields USDJPY Currencies DollarIndex YieldCurve
t of Friday's losses to its over-a-one-week low at 142.06 as the US Dolla Indexr stages a decent comeback early Monday.
Following the softer US data, USD/JPY saw a sharp drop to a one-week low, rebounding firmly in Monday’s Asian session, tracking the recovery in the US Dollar in tandem with the US Treasury bond yields. twice this year, as previously expected. From the Japanese docket, “the latest data from the Ministry of Finance showed on Monday that Japan's current account surplus more than doubled year-on-year in May, the fourth consecutive month of gains, as the country's trade deficit narrowed and income gains from its overseas investment expanded,” said Reuters.
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