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The US 10Y yield moves lower. USDJPY follows the move as it trades to a new session low.

The US 10 year yield is moving lower and in the process is moving closer to its 100 hour moving average at 4.142% (see blue line in the chart below).

The last time the price traded below the 100 hour moving average was on FOMC day last week when the initial Fed's statement came out with a somewhat dovish tilt. Fed's Powell comments during his... Read More

Posted: Nov 8 2022, 15:08
Author Name: forexlive
Views: 110873

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