JPY pressure is intense at the moment. 10-year US Treasury yields have moved above 3% and as long as those yields are rushing higher, momentum is bullish in USD/JPY. The BoJ continues to view the weak yen as mainly positive.
China surprises with rate cut, US retail sales in focus
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak economy.
The Jap225 could be gearing up for further downside on the H4 timeframe. A strong breakdown below the critical support at 30392 could drag prices lower in the short to medium term.
JPY pressure is intense at the moment. 10-year US Treasury yields have moved above 3% and as long as those yields are rushing higher, momentum is bul...
USDJPY Japanese Yen Bank of Japan yield curve control RBA Reserve Bank of Australia AUDUSD Aussie risk sentiment DXY Dollar index Stocks S&P 500 ECB European Central Bank inflation FED FOMC Federal Reserve
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak ec...
The Jap225 could be gearing up for further downside on the H4 timeframe. A strong breakdown below the critical support at 30392 could drag prices lowe...
The Nasdaq 100 is under fresh selling pressure as mixed earnings results and renewed concerns about the banking industry weigh on investor sentiment....