USD/JPY remains capped below the 150.00 mark
The USD/JPY pair is still limited to a narrow range of about 149.75 during the first trading hours in Asia on Wednesday. The yield of US Treasury bonds has strengthened the main pair of money. At a level of 150.00, investors still prevent the possibility that the Japanese government intervenes.
However, the greener has attracted some buyers thanks to the optimistic US data on Tuesday, but the impact exists only in a short time.
In addition, US industrial production increased by 0.3% compared to the previous month, stronger than expected. Finally, the capacity used increased to 79.7, better than estimated. Meanwhile, the higher interest rate of US Treasury bonds can limit the discount of USD and act as a support factor for USD/JPY pair.
However, the greener has attracted some buyers thanks to the optimistic US data on Tuesday, but the impact exists only in a short time.
In addition, US industrial production increased by 0.3% compared to the previous month, stronger than expected. Finally, the capacity used increased to 79.7, better than estimated. Meanwhile, the higher interest rate of US Treasury bonds can limit the discount of USD and act as a support factor for USD/JPY pair.
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Comment:
The price of USD JPY does not seem to change in today's trading is still trading at 149.87
