USD/JPY traces recovery in yields to bounce off one-month low towards 135.00, US inflation, BoJ Minutes eyed – by anilpanchal7 USDJPY RiskAppetite YieldCurve BOJ Fed
n so, the Yen pair remains on the back foot for the third consecutive day as Bank of Japan Governor Haruhiko Kuroda’s retirement propels hawkish calls for the Japanese central bank’s next moves. Also challenging the pair buyers could be the cautious mood ahead of this week’s top-tier data/events, including the BoJ Minutes and the US consumer-centric numbers including the Consumer Price Index and Retail Sales for February.
US Treasury Department, Federal Reserve and the Federal Deposit Insurance Corporation took joint actions to tame the risks emanating from the SVB and Signature Bank during the weekend.
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