Trading Insights

USD/JPY

Trade Optimism and Bull Flattener in JGBs Shape Yen Flows

USD/JPY is steady as Japanese yields flatten and the U.S. and Japan aim to conclude trade talks by October. While fundamentals suggest yen strength, technicals show a sideways bias.
Key Levels: Support at 145.77 | Resistance at 148.70 / 149.88
Investor Takeaway: Watch the 5-year JGB auction on Aug 13—strong demand could bolster the yen.