Buyers start to state their case in USD/JPY - ConsultFX

Buyers start to state their case in USD/JPY

USD/JPY rises to a high of 111.30 on the day ForexLive The yen is falling across the board to session lows currently as Treasury yields are inching higher and Chinese equities are continuing to rally. USD/JPY has meanwhile moved higher to break above the 100 and 200-hour MAs. Hold above and the near-term bias then turns more