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12/23/2020 7:33:46 PM GMT
USD/JPY Current price: 103.62
US Treasury yields and equities advanced, providing support to USD/JPY.
Japanese markets will remain open this Thursday, while the rest of Asia will be out.
USD/JPY maintains a neutral stance just above the 103.15 support.
The USD/JPY pair is trading around 103.60, unchanged on a daily basis. The pair started the day on the back foot, falling within range, and recovered during US trading hours amid the renewed dollar’s demand. The positive tone of Wall Street and higher US Treasury yields provided support.
 On Wednesday, the Bank of Japan published the Minutes of its latest meeting. The document showed that policymakers could consider tweaking its current bond-buying program to “enhance sustainability” in the longer-run. The country published the October Leading Economic Index, which improved to 94.3, while the Coincident Index contracted to 89.4. Japan will have its markets open this Thursday, ....

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