USD/JPY

Dollar Steady Before JOLTS Data, Yen Reverses Gains

The dollar swung between gains and losses amid month-end flows while the yen failed to sustain Asia-session gains fueled by comments from Japan's Finance Minister.

The Bloomberg Dollar Spot Index stands little changed on the day while the 10-year Treasury yield rises as much as three basis points to 4.31%, fresh three-month high high, versus 4.26% session low.

US data Tuesday include JOLTS Job openings, Conference Board consumer confidence.

USD/JPY drops as much as 0.4% to 152.76, before reversing losses to steady around 153.40; Japanese Finance Minister Katsunobu Kato said the government will watch developments in the currency market with a heightened sense of urgency.

EUR/USD climbs 0.1% to 1.0826; focus on 1.0800 strike expiries in €2.64b rolling over Tuesday.

Source: Bloomberg

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