USD/JPY returned to 153.00 in the US afternoon and rebounded well to around 153.70. It then fell back below 153.00 and is just above it at the update.
The concerns/hopes (depending on your point of view) are for further Bank of Japan intervention during the holiday session (Japan and China are absent).
This article was written by Eamonn Sheridan at www.forexlive.com.
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