Is today the day we get a new 32-year high in USD/JPY?

<p>US yields continue to tick higher and USD/JPY is now up 33 pips to 151.85.</p><p>The 2022 high was 151.94, so we're just a hiccup away from breaking it. Remember, that rally caused BOJ intervention and USD/JPY ultimately fell to 128.00 in the aftermath.</p><p>It's not often I get to post a quarterly chart, but here's the USD/JPY look going all the way back to 1989 when the Japanese property bubble was imploding.</p>

This article was written by Adam Button at www.forexlive.com.