At the moment of writing, the usd/jpy pair is trading around 111.25 where today has oscillating between 111.30 and 110.70 where it hit its lowest point when it experienced a knee jerk fall to 110.70 after the United States revieled an additional threat of tax tariffs on 200 billions dollars worth of Chinese imports. These tax tariffs will go into effect within two months, which gives a 60 days window for Ametican and Chinese official to meet in a new round of negociations and address the American concerns about Chinese trade practices.

Additionally, US data shows a rebound in tbe US 10 years note to 2.84%
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