03/28/2024 21:27

Release： 03/28/2024 21:27

Update： 03/28/2024 21:27

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USD/JPY, amid expectations of yen-buy intervention and ahead of Easter holidays, moves without a clear direction.

【3/28Market Overview

Tokyo time, USD/JPY rose to around151.54yen on the back of purchase expectations at the fixing and a rise in 10-year U.S. Treasuries151.54yen level retreat to around151.25as market wary of government and BOJ yen-buying interventions and the Nikkei’s decline weighed on the pair. In European hours, USD/JPY traded in the low 151s.151yen area, with the range holding in the early European session.時間, Good Friday (the day before the Holy Friday holiday) caused the U.S. bond market to close early. USD/JPY traded with low liquidity and little direction around the mid-151 level.151yen area.