The USD/JPY lost some traction influenced by falling US Treasury bond yields after softer data from the United States (US) shows Americans are growing less optimistic about the economic outlook. Additionally, dovish comments from US central bank officials weighed on the USD/JPY, which reached a high of 149.83 before sliding toward current exchange rates at around 149.57, down 0.16%. In October, the University of Michigan Consumer Sentiment dipped to 63 from last month’s 68.1 and missed forecasts of 67.2. Joane Hsu, director of the survey, said, “After stabilizing earlier this year, concerns about inflation have grown ... (full story)