Markets have steadied overnight after Wall Street found a bid during a choppy session. Gains picked up in equity markets through the day, with S&P500 and Nasdaq both posting decent returns.
Two words: policy divergence (read on to find out more).
But first, let's take a look at just how dismal the Yen's performance has been so far in 2022.
The Japanese Yen is now trading around a 20-year low against the US dollar.
Markets have steadied overnight after Wall Street found a bid during a choppy session. Gains picked up in equity markets through the day, with S&P500 ...
Two words: policy divergence (read on to find out more).
But first, let's take a look at just how dismal the Yen's performance has been so far in 2...
JPY Japanese Yen USDJPY Bank of Japan negative interest rates yield divergence policy divergence FED FOMC Federal Reserve Fed rate hike Quantitative Easing Bond Yields bond selloff yield curve control