Title: USD/JPY Price Struggling to Gain Above 115.50 as Yields Drop
Post by: forex4you on Feb 28, 2022, 10:21 am
Post by: forex4you on Feb 28, 2022, 10:21 am
USD/JPY Price Struggling to Gain Above 115.50 as Yields Drop
Source: USD/JPY Price Struggling to Gain Above 115.50 as Yields Drop (http://forex.wine/usd-jpy-price-struggling-to-gain-above-115-50-as-yields-drop/)
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As the dollar strengthened, the USD/JPY reversed a weekly bearish gap to open higher. The n-ian crisis has helped the US dollar’s status as the world’s reserve currency. Bond yields dropped sharply in the US, limiting further gains for the dollar and the pair. Since the Asian session low, the USD/JPY price has struggled to … Continued
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Source: USD/JPY Price Struggling to Gain Above 115.50 as Yields Drop (http://forex.wine/usd-jpy-price-struggling-to-gain-above-115-50-as-yields-drop/)
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