Falling Treasury yields are helping to keep the pressure on USD/JPY
Falling Treasury yields are helping to keep the pressure on USD/JPY
Yields put downward pressure on the dollar
The US and China are worlds apart in sentiment at the moment but the Asian fears are starting to win out.
US 10-year yields show the change in the last 2 hours as they've fallen to 1.23% from 1.27%. Monday's low was 1.2166%.
With that USD/JPY has fallen through 110.00 and the 55-day moving average.
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July 28, 2021 at 01:35AM
Adam Button
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