USD/JPY pares most of its earlier losses, but downside momentum still intact

USD/JPY is back up to 107.85 as US futures see 1% gains on the day now
ForexLive
The yen is losing ground on the day after a solid run higher as we are seeing the risk mood turn around a little to start European trading. USD/JPY is back up to 107.85 after having been as low as