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.
China surprises with rate cut, US retail sales in focus
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak economy.
Asian shares were a sea of red on Tuesday as recession fears and China’s renewed Covid-19 outbreak smothered appetite for risk. Overnight, Wall Stre...
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
China’s central bank hijacked the headlines on Tuesday morning after unexpectedly reducing a key rate by the most since 2020 to shore up its weak ec...