Flash: USD/JPY pressured by softer US yields - OCBC Bank

FXStreet (Barcelona) - Emmanuel Ng, FX Strategist at OCBC Bank notes that USD/JPY was pressured lower by softening US yields.

Key Quotes

"Softer US yields pressured the USD-JPY lower on Tuesday and if investors remain chary in the near term, expect the pair to keep its head under the 103.00 handle with the 100-day MA (101.78) expected to serve as a useful waypoint down south."