The USD/JPY currency pair has retested the 150 zone for the first time since December 2024, alongside a rise in 10-year government bond yields, which have reached 16-year highs. As traders prepare for the upcoming Flash PMI releases, market sentiment remains cautious yet optimistic. With the EUR/USD holding above 1.04 in this backdrop, the market looks toward forthcoming data that could influence fluctuations across these key forex pairs. Investors should stay informed as these economic indicators may cause substantial movements in trading strategies.