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USD/JPY extends climb on higher yields

USD/JPY extends climb on higher yields
10-year Treasury yields are continuing the rebound from yesterday and so is USD/JPY at the moment. The former is now up by 4.8 bps at the highs for the day, at 4.126%. And that is giving a lift to the latter with the currency pair now up 0.4% to 143.85. It won't be long now until we start to hear some more verbal jawboning by Japanese officials again.The solid rebound in USD/JPY yesterday was encouraging for buyers, especially since they are continuing to hold price action above the 142.00 mark... Read More
Posted: Aug 3 2023, 05:31
Author Name: forexlive
Views: 102273

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