USD/JPY touches 147.50 and a two-week high
USD/JPY daily USD/JPY is near the best levels of the day, up 120 pips to 147.47. The pair has been underpinned by rising Treasury yields this month and that continues to be the case today. I wrote about yields earlier and that’s worth checking out. The market is anxious about Trump’s tariff letter to the EU but looks like…