USD/JPY still on edge just under the 150.00 mark

<p>With Tokyo watching so far today, traders are looking a little hesitant once again for now. However, with 10-year Treasury yields inching back towards the 5% level, that is keeping the pair underpinned in the bigger picture. There is some relief in tensions in markets from the Israel-Hamas conflict but all of this – including the USD/JPY tentativeness – plays into <a href="https://www.forexlive.com/news/its-all-about-the-known-unknowns-right-now-20231020/" target="_blank" rel="follow">the known unknowns</a> that we're all waiting to see change in the day(s) ahead.</p>

This article was written by Justin Low at www.forexlive.com.