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USD/JPY back on the front foot this morning

As earlier noted this morning the Nikkei 225 has fallen again, but so far and right now that has not sent the USD/JPY lower. In fact, it is pushing higher this morning and that comes despite gains in Gold so far today, also reported on a little earlier. US yields are a little higher this morning, but not yet threatening the highs seen earlier in the week, when the 10 year yield reached 4.73%. It is currently at 4.69%. The high on the USD/JPY so far this week has been set at 158.55 and the synthetic close last night was set at 158.14. The range seen so far today has been covered by 157.94 to 158.43. The USD/JPY is currently trading at 158.37
 

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