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Yen Faces Pressure Again Amid Rising Benchmark Yields in Europe and US

Yen Faces Pressure Again Amid Rising Benchmark Yields in Europe and US
Japanese Yen is feeling the heat once again, buckling under the surge in major European and US benchmark yields. Notably, yield on Japan’s 10-year JGB did jump, closing 0.655 today. However, this level has acted as a formidable ceiling for a while, even in the wake of BoJ’s recent allowance hike to 1% last month. […] The post Yen Faces Pressure Again Amid Rising Benchmark Yields in Europe and US appeared first on Action Forex... Read More
Posted: Aug 21 2023, 13:15
Author Name: actionforex
Views: 101837

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