It’s been an interesting start to the week with the Reserve Ba | FXTM Forex Market News
It’s been an interesting start to the week with the Reserve Bank of Australia surprising many with a half-point interest rate hike and the yen weakening again.
JPY pressure is intense at the moment. 10-year US Treasury yields have moved above 3% and oil is at $120 per barrel. As long as those yields are rushing higher, momentum is bullish in USD/JPY.
This only slows if Read More (https://www.forextime.com/market-analysis/usdjpy-hits-fresh-20-year-highs)
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