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USD/JPY Rallied to 11-month High Despite Rosy Q3 Tankan Report and Verbal Interventions

Upbeat longer-term inflationary expectations and business sentiment of large Japanese corporations could not derail the relentless up move of USD/JPY. Momentum factor and further potential 10-year US Treasury/JGB yield spread premium are supporting this current bout of rallies seen in USD/JPY at least in the short-term. The key resistances to watch will be at 150.00/150.30 […] The post USD/JPY Rallied to 11-month High Despite Rosy Q3 Tankan Report and Verbal Interventions appeared first on Acti... Read More

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Content Topics

Usd

Jpy

Rallied

11 Month

High

Despite

Rosy

Tankan

Report

Usd jpy

11 month

Verbal

Interventions

Forex

Posted: Oct 2 2023, 11:32

Author Name: actionforex

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