KVB Today's Analysis: USD/JPY Eases Below 157.50 Amid Yen Gains and Treasury Yield Impact
USD/JPY is under selling pressure around $153, a three-month low, as expectations of a Bank of Japan interest rate cut support the Yen. The focus is on the advanced US Q2 GDP. Mixed US PMI data and a dovish Fed stance add to the selling pressure on the USD.
2024-07-25