Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY falls in Asian trading and here is why
The USD/JPY has just now fallen in Asian trading to a new interim low underneath levels that have held recent falls, at above 146.50. The low seen just now was set at 146.15 and it comes following a US close last night at 147.31. The reason for that is all about higher Japanese government bond (JGB) yields this morning. Those have lifted the most in a long while, by around 0.11% in the 10 year bond. This is all due to speculation that the Bank of Japan (BOJ) might move on interest rates, when they next meet, on December 19. This has sent the Yen higher across the board this morning, with all the major Yen crosses falling on the back of this fall in the USD/JPY. It is currently trading at 146.25
Market News
All News-
USD/JPY rises towards 144 after US consumer sentiment revised higher
The final revision to the University of Michigan consumer sentiment index has actually seen all the readings revised a bit higher. Well quite a bit...
-
US stocks turn lower as US data awaits - Dow Jones leads the way
Any minute now the latest US university of Michigan consumer sentiment index will be released but this is the final reading so it might not have much...
-
Bitcoin has a look at 95k this afternoon
Not that long ago Bitcoin managed to take out all the highs seen yesterday and earlier today and led it to press just above the 95k handle for the...
