Greenback on the lows
USD/JPY is flirting with 105.00 as broad US greenback promoting takes maintain.
There was a reversal in Treasury yields right now as 10s it a post-pandemic excessive of 1.39% however have since pulled again to 1.34%. Equities are additionally paring losses and oil is on a run.
The greenback could be the massive canine wagging its tail although and resulting in these strikes elsewhere. USD/JPY is now down 43 pips on the day. A fall beneath 105.00 could be the primary time beneath since Valentine’s Day.
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