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USD/JPY climbs above the August high

The US dollar is sizzling to start the US trading week as bonds slump. USD/JPY is through last week's high of 147.39, which is the best level since last November. There isn't much standing in the way of 150.00 and beyond.You would like to see new highs in yields to add confidence to this trade but I don't think it's necessary so long as the Fed continues to signal a higher-for-longer stance and the Bank of Japan continues ZIRP. This article was written by Adam Button at www.fore... Read More

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Content Topics

Usd

Jpy

Climbs

Above

August

High

Usd jpy

Forex

Posted: Sep 5 2023, 12:24

Author Name: forexlive

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