USD/JPY and the yen crosses are at the best levels of the day after an unexpected drop in US jobless claims to the lowest since January 2008.
USD/JPY broke through 89.50 but remains capped by last week’s high of 89.67. Further strong offers are ahead of 90.00. It’s a similar story in yen crosses, which have surged to the highest levels of the day but remain below the cycle highs set last week.
