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US yields edge a little higher as USD/JPY holds 155 in Asian trading

The USD/JPY closed in the US last night at 155.53. It did suffer an abrupt fall much earlier this morning, when it took a rapid dive to a low at 155.17. However, that move was reversed quite quickly and since then the dollar has been pressing a little higher. The high seen yesterday was set at 155.68 and the rebound off the lows today saw it set a high at 155.70. The threats from the BOJ are still not cutting it and the markets are seemingly unperturbed by the most recent rhetoric too. The US yields have continued to edge a little higher since yesterday and that is supporting the dollar as well. The USD/JPY is currently trading at 155.64 

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