The USD/JPY pair closed little changed and right below the 110.00 figure for a third consecutive week, as broad dollar's strength was a result of risk-averse factors that usually back the yen, leaving the pair lifeless. By the end of last week, equities reflected mounting concern about global economic slowing growth, turning south and further limiting chances of a rally beyond the 110.00 level. US Treasury yields in the meantime closed the week in the red with the benchmark yield for the 10-year note down to 2.63%. Japanese banks will be closed at the beginning of the week in observance of National Foundation Day, ... (full story)