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💴JPY Posts Best Day Of The Year: Cable FX Macro

  • The yen strengthened over the last session of the month to post its best day this year, USD/JPY slipped 0.9p to trade below 150.0

  • Dollar relative strength is seen as it pares losses to the yen while the rest of the G10/JPY trades heavy on Thursday

  • 1w USD/JPY implieds rise by 1 vol to 6.823% while skewness turns 38.5bps more yen bullish to -1.52 vols

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