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USD/JPY pulls higher as the bond market returns to play

Treasuries are back open for business and with yields pushing higher again, that is underpinning the dollar ahead of European trading. In particular, USD/JPY is now up 0.3% to 146.87 as it looks to retest the highs for the year. That comes after buyers held yet another defense of the 145.00 mark on Friday last week.10-year Treasury yields are up 4.3 bps to 4.216% currently and that is putting a light bid in the dollar in general. AUD/USD is now down to the lows for the day at 0.6405, lower by 0... Read More

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Posted: Sep 5 2023, 06:00

Author Name: forexlive

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