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USDJPY rises modestly and looks toward 100 hour MA as yields move to the upside

The USDJPY has seen a push to the upside helped by yields moving back to the positive side. The 10 year yield is now up 3.733% up 3.1 basis points. The two year yield is at 4.467% that's near unchanged levels after trading lower earlier.

The move to the upside takes price closer to its falling 100 hour moving average at 138.835 (blue line in the chart above). Earlier in the Asian session the price briefly moved above that moving average line only to rotate quickly to the downside (fai... Read More

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Usdjpy

Rises

Modestly

Looks

Toward

Hour

Yields

Move

Upside

Forex

Posted: Nov 29 2022, 14:24

Author Name: forexlive

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