USD/JPY plunges on falling yields and safe-haven yen demand
USD/JPY plunged from the 158.20 area to intraday lows around 156.08 as falling US Treasury yields and a spike in geopolitical risk aversion triggered aggressive safe-haven demand for the Yen.
Original · FXStreet AI summary of public reporting
Why: Falling US yields and geopolitical risk → safe-haven demand for yen
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Prices since publication
At publication → CurrentJPY156.82 → 156.74−0.1%