Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
USD/JPY lifts as US yields edge higher
The USD/JPY posted a synthetic US close last night at 158.09, following some further upside for the dollar after the European close and in the absence of many US participants, owing to the Juneteenth holiday. Today the dollar has edged its way a little higher and pushed towards the previous intraday highs, at 158.23 and 158.26. The high seen so far has been set a moment ago, at 158.16. Hence. it seems like the dollar is trying to take out those two levels and the driver for that could be stops in place around there, combined with US bond yields that are higher this morning. The USD/JPY is also bucking a lower Nikkei today, in conjunction with more general losses across all the Asian markets. The dollar is currently trading at 158.14
Market News
All News-
US data releases on the agenda this afternoon- check out the Dow Jones futures this morning
There are a few reasonably important US data releases due out this afternoon. Those mostly fall due at 2pm GMT and they are the latest nationwide... -
US Treasury yields are higher but the USD/JPY is lower- why is that?
Since an earlier update here today the USD/JPY has fallen back and right now it is dropping below 150.25. At the same time US treasury yields are... -
GBP/USD holds 1.29 and rebounds as dollar slips
The dollar has lost a bit more traction since earlier this morning and that comes amid further gains here across the European equity markets. The DAX...
