Ready to Get Started?
Start here. Join over 12M Libertex users around the world!
USD/JPY falls back to set fresh session lows as US yields slip
The USD/JPY has just now fallen back and set a fresh session low a moment ago, at 158.56. The move lower in this pair has helped to lift the GBP/USD and the EUR/USD but relative to the fall in the USD/JPY, not by that much yet.
The driver for the fall in the USD/JPY once again appears to rest with the US 30 year treasury bond, as the yield there has now fallen back slightly from earlier levels. We did repeat earlier today how it would be wise to keep an eye on that markets again today. So, as you can see, that has so far proved the right thing to do. The USD/JPY is right now at 158.59
Market News
All News-
Mixed US August flash PMI sees services really outperform- USD/JPY edges higher
That US PMI data has just now hit the street and once again the data is mixed, with a significant beat on the service sector but a more modest loss on...
-
Dollar index (USDX) on the rebound as US PMI data looms
Very shortly, at 1.45pm GMT the US will release their August flash PMI data, which is the same report as we saw earlier, from France, Germany, the EU...
-
Brent lifts above $94 setting fresh session highs following Venezuela report
According to reports released just now, apparently tankers loading oil in Venezuela are having to wait up to 30 days to load and that news has not...