Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
May 30 - 03:48 PM
USD/JPY - Fed's Global Burden To Weigh On USD/JPY Unless Trade War Cools
First appeared on eFXplus on May 30 - 01:30 PM
  • Fed's Clarida notes less room for Fed help if econ sinks nN9N21F01C
  • Says fiscal policy still supportive, but global risks bear watching
  • Fed's the only one of big three reserve ccy CBs with room to cut rates
  • Negative 10-yr Bund & JGB yields forcing Tsy ylds down & curve flatter
  • Clarida sees little labor-led price pressure, hints of productivity rise
  • USD/JPY's mo-end bounce ends after Tsy yields shed their intraday rise
  • 109.92 high is by 50% of two-week drop, Tenkan, back to 109.66 now

Chart: Click here

Chart: Click here

Source:
Thomson Reuters IFR Markets

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
!