On Monday, the USD/JPY slipped by 0.03%. Following a 0.17% loss from Friday, the USD/JPY ended the day at 149.507. The USD/JPY fell to a low of 149.300 before rising to a Monday session high of 149.762. News Updates on the Middle East Conflict in Focus The Middle East conflict remains the market focal point on Tuesday. Hopes of diplomatic efforts to contain the conflict subdued demand for the safety of the Yen on Monday. However, the threat of a regional and more prolonged Middle East conflict would fuel the appetite for the Yen. This morning, Reuters reported comments from Iran, which could support a light to ... (full story)