Not seeing much news on the yen at all, apart from what has already been posted.
There is some news about on Nippon Steel:
- The firm’s CEO says we believe a fresh review by new CFIUS members under the incoming US administration could lead to a better understanding
Background to this is US President Biden blocking the takeover deal. I wonder if Trump will view it differently?
Anyway, back to USD/JPY, bit its highest since July 17 last year
Also, Japan’s 30-year bond yield increases to 2.32%, the highest since 2010
This article was written by Eamonn Sheridan at www.forexlive.com.
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