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US dollar catches a broad bid as USD/JPY breaks 147.00

USD/JPY is breaking out and the dollar is breaking out more broadly. Treasury yields fell in Asia and early in Europe but they have turned higher now with 10s at 4.22% from a low of 4.17%.That has set off significant moves throughout the forex market, with the dollar gaining 20-40 pips on various crosses. For AUD/USD, it's been a straight line down to 0.6414 from 0.6454 just two hours ago.Yesterday was a holiday in the UK and that may have kept some dollar orders out of the market. Those are goi... Read More

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Content Topics

Dollar

Catches

Broad

Usd

Jpy

Breaks

147

00 Usd jpy

147 00

Forex

Posted: Aug 29 2023, 12:21

Author Name: forexlive

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