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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.
Mid-week Technical Outlook: Keep an eye on the trend!
A sense of tension gripped financial markets on Wednesday as inflation jitters, recession fears, and worries about rising interest rates left investors on edge.
The dollar has gained a small safe haven bid, the antipodean currencies are sinking, and US stock futures are in the red after Monday’s solid day of gains.
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
A sense of tension gripped financial markets on Wednesday as inflation jitters, recession fears, and worries about rising interest rates left investor...
The dollar has gained a small safe haven bid, the antipodean currencies are sinking, and US stock futures are in the red after Monday’s solid day of...
China
external trade
Recession
inflation
CPI
USDJPY
Japanese Yen
Gold
Bullion
Treasury yields
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