Data is not the driver of the yen, its politics (and the focus was the Abe - Trump talks Friday and golf over the weekend)

USD/JPY has been climbing, and today its carried on in the Tokyo morning.

UST yields are up a little on the session.

USD/JPY through 114 now:

Q4 GDP data is here, notable for the first 4th consecutive quarter of GDP growth in Japan for 3 years.

  • Capex and exports cited as contributors