USD/JPY remains quite around 138.60 as investors baffle due to US debt-ceiling raise delay

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• USD/JPY has turned quiet around 138.60 amid a lack of clarity over further action after a delay in the US debt-ceiling raise.
• The US Dollar Index is in an inventory adjustment phase after reclaiming the previous week’s high above 103.60.
• Japanese economic prospects are getting stronger amid wage growth and a recovery in overall demand.

The USD/JPY pair is displaying signs of a sheer decline in volatility around 138.60 as investors are confused about further action in the FX domain. The asset is struggling to deliver a decisive move amid a lack of clarity as US debt-ceiling issues are not reaching a bipartisan deal.