Well, sort of, given its post-FOMC now :-D

USD/JPY well under 108:

Well, sort of, given its post-FOMC now :-D

US yields are falling again. The FOMC was very dovish. A July rate cut havs been pretty much priced in by the market.

That chart above reflects the moves in the lead up and after the FOMC. Check out a longer time frame chart though - USD/JOPY is hitting lows last seen in early January