USD/JPY sits at three-year tops amid elevated yields, looks to 113.00
USD/JPY rallies for the third straight session on Fed’s hawkish expectations. Fed-BOJ monetary policy divergence
Financial and Business News
USD/JPY rallies for the third straight session on Fed’s hawkish expectations. Fed-BOJ monetary policy divergence
GBP/USD attempts a bounce but remains vulnerable. DXY advances while the European equities rebound. The
EUR/USD extends a three-day downtrend amid a relentless rise in US yields. Fed’s hawkish shift
USD/JPY has risen back above the 111.00-level for the first time since early July. As
Coming months are likely to see several factors clearly pointing in opposing directions for global
Implied real yields for US Treasuries have stayed anchored even as the Federal Reserve indicated
USD/JPY catches a fresh bid and recaptures 110.00 in Europe. Treasury yields rebound as the
The USD continues to grind higher supported by the recent pick-up in long-term US yields.
According to Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, the strong rebound
US yields might have put in a double bottom, supporting a strong USD for longer.