USD/JPY marches to 133.50 as yields, US Dollar recover ahead of NFP


USD/JPY renews intraday high near the highest levels in two weeks.
Yields grind higher as OPEC+ renew inflation woes; US Dollar cheers pre-NFP rebound.
Japan’s Tankan Large Manufacturing Index eased in Q1, Jibun Bank Manufacturing PMI improved in March.
US PMIs, ADP data can entertain traders ahead of Friday’s jobs report.

USD/JPY takes the bids to refresh intraday high near 133.50 as bulls keep the reins after witnessing the first weekly gain in five.

The Yen pair’s latest gains could be linked to the firmer US Treasury bond yields, as well as the US Dollar, as markets await the all-important Nonfarm Payrolls (NFP), up for publishing on Friday. Adding strength to the USD/JPY pair’s run-up could be the latest challenges to the sentiment, mainly emanating from the…

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