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USD/JPY steady in Tokyo, awaits next catalyst

1 month ago   |   By FXCM

USD in trouble, riots, trade, economy, COVID-19, data all weighing.
USD/JPY holding ground, as equities remain better bid.
USD/JPY is currently trading at 107.54 and holding steady on Tokyo as markets soak up the start of the week's news pertaining to riots in the US, the US and China stand-off and complacency in the face of it all.
Risk sentiment biased positive from the off for the starting sessions this week despite the pending risks and blatant negative for economic growth stemming from the coronavirus lockdowns.
Strong words from US President Trump's address were still somewhat vague...
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