USD/JPY climbs to the best levels of the day

USD/JPY improves with stock markets

The S&P 500 has erased earlier losses and is now up 1 point on the day.

USD/JPY is tracking the move as it rises above 107 to the best levels of the day. The drop in US trading yesterday has now been wiped out.

What’s notable is that the US dollar is slipping elsewhere, in part due some dovish comments from Powell.

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