USD losing ground in Asia trade

<p>USD/JPY is notably lower, dropping under 148.50 … now 148.30 as I update.</p><p>EUR, GBP, AUD, NZD, CAD are all higher against the US dollar too. </p><p>Apart from what has been posted there is no fresh news.</p><p>Overnight US yields and oil dropped:</p><ul><li><a href="https://www.forexlive.com/news/forexlive-americas-fx-news-wrap-4oct-after-30-year-yield-hits-5-yields-back-off-20231004/" target="_blank" rel="follow" data-article-link="true">Forexlive Americas FX news wrap 4Oct: After 30 year yield hits 5%, yields back off</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.