USDJPYUS Dollar / Japanese Yen
157.41
+0.36%
Past
What happened
Dollar-yen pushed higher to 157.42 as US yields rose to 4.41%, pulling the pair away from Friday's intervention-fear lows.
Why
Why it matters
The BoJ's credibility problem deepens — 10Y JGB yields are stuck below 1.5% while the US-Japan spread widens, making intervention talk cheap without actual rate hikes.
Watch
What to watch
Japan Q1 GDP Thursday 02:50 TRT — contraction print reopens the yen carry trade; positive surprise triggers another intervention scare above 158.
HEADLINES
- Why a Plunging Dollar Is Missing Out on the Relief RallyBarrons.com
- How Markets Reacted to Trump's Iran Post, in ChartsThe Wall Street Journal
- The Dollar Isn’t Done. Why It’s Outshining Rivals Amid Iran Crisis.Barrons.com