Other than what has been released, there are no new catalysts.
USD/JPY rose on initial demand, which is believed to be mainly from Japanese buyers. The rally coincided with the Japanese morning and the Tokyo fixing, so this seems likely.
Since then, this figure has dropped significantly.
Looking ahead to the session, notable options expiring at 10:00 AM New York time include approximately $1.5 billion around 154.00, and between 153.40 and 153.50, there are $1.1 billion in expirations.
cnbctv18-forexlive
