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USDJPY traders want no part of the 150.00 level

USDJPY traders want no part of the 150.00 level
As US yields rise, the 2-year yield is up by 12 basis points at 5.218%, and the 10-year yield is up by 13.7 basis points at 4.846%, both on track to close at their highest levels since 2007. Despite the USDJPY's recent upward movement, traders appear hesitant to approach the 150.00 level. The currency pair reached a high of 149.844 today, and is currently trading at 149.76.Earlier today, just before the US trading session began, the pair touched 149.74 but quickly plunged to 148.738 in less than... Read More
Posted: Oct 17 2023, 19:16
Author Name: forexlive
Views: 112284

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