Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY falls back in Asian trading
As just noted here, the drop back in US treasury yields has dented the dollar since this time yesterday morning and the USD/JPY has fallen back today. The USD/JPY closed in the US last night at 149.12. The low seen in Asia today has been set at 148.26. It is off that low now, but the rebound such as it is, is not convincing. The same observation on that was made here yesterday afternoon, when the dollar clawed its way back above 149 ahead of the European close. The market is still very wary of the BOJ it seems and besides that, the drop in US yields has delivered for the time being, some further profit-taking on overweight long US positions. The USD/JPY is just now trading at 148.52
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
