USD/JPY back to 158.50 – no fresh catalysts

The US dollar is a touch stronger almost across the major FX board. AUD and NZD are weak, but its JPY the clear weakest of the majors.

Apart from what has been posted there is no fresh news. The data agenda is basically empty.

USD/JPY hit circa 158.50 and has backed off a few tics:

How we got here:

• Forexlive Americas FX news wrap 15 Jul: “Trump Trade” was in full swing. Yields/stocks up

This article was written by Eamonn Sheridan at www.forexlive.com.