The yen resumed an advance amid holiday-muted flows Thursday, after posting its worst loss this month in the prior session. A gauge of the dollar edged lower.
USD/JPY slipped 0.4% to 148.96 on leveraged profit-taking, according to a trader; it gained 0.8% on Wednesday after investors focused on US jobless claims and Michigan sentiment data that showed inflation expectations above estimates.
Cash Treasuries and US and Japan equity markets are closed Thursday for holidays; 10-year UST futures ticked slightly higher on light turnover.
The Bloomberg Dollar Spot Index declined 0.2%.
NZD/USD rises 0.6% to 0.6057; option-related selling attached to 0.6050 strikes is seen. AUD/USD gained 0.3% to 0.6561, in part on exporter buying in response to RBA comments overnight, to erase the previous day's loss.
Source: Bloomberg