USD/JPY traces yields to retreat towards 135.00, US inflation, Taiwan eyed

USD/JPY traces yields to retreat towards 135.00, US inflation, Taiwan eyed

USD/JPY pares intraday gains around one-week high as bulls take a breather after the biggest daily jump in seven weeks. Yields retreat from fortnight high as traders prepare for Wednesday’s US CPI. US NFP propelled hawkish Fed bets and favored USD bulls, Taiwan concerns also underpin greenback’s safe-haven demand. Japan’s trade deficit widened in June, Eco Watchers Survey eyed. USD/JPY seesaws around 135.30 as buyers find less acceptance around a…

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