There’s been a lot of major movements across currency markets of late, as the US dollar’s scorched-earth ascent to a fresh 20-year high leaves its major peers lying in a heap.
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.
Trade Of The Week: Big Week For Dollar As Focus Shifts To Fed
King dollar kicked off the new week on a solid note, asserting its dominance against all G10 currencies as investors evaluated last Friday’s red-hot US inflation figures and China’s Covid woes.
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
King dollar kicked off the new week on a solid note, asserting its dominance against all G10 currencies as investors evaluated last Friday’s red-hot...
Dollar index Federal Reserve inflation Fed rate hike