Welcome Guest:
Sign Up
Derived real-time data in partnership with:
Thomson Reuters
Sep 11 - 09:48 PM
USD/JPY - Inches Higher As US Yields Continue Their Rally
First appeared on eFXplus on Sep 11 - 07:40 PM
  • USD/JPY sandwiched between rising U.S. yields and trade feuds/ EM turmoil
  • Underpinned by U.S. 2-year yield trading at 2.7520, highest since July 2008
  • Widening Treasury-JGB yield spreads highlight diverging Fed-BOJ rate path
  • Oil price rally supports as Brent crude rises towards USD 80 nL3N1VX1UJ
  • Anxiety over U.S.-China trade feud nL5N1VX26M keeps USD bulls in check
  • Test of strong resistance at 111.76-88 likely in Asia; support at 111.25-30

jpy: 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
!