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USD/JPY Price Retreating to 130.00 as Yields Slip, Eying US Inflation

Started by forex4you, May 11, 2022, 10:01 am

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May 11, 2022, 10:01 am
USD/JPY Price Retreating to 130.00 as Yields Slip, Eying US Inflation

Despite its 20-year high set the previous day, USD/JPY continues to fall. The yields on US Treasury bonds continue to fall in response to mixed Fed statements and lower inflation expectations. Headlines from China and Japan also support JPY’s corrective pullback. Investors may be entertained by risk catalysts ahead of Wednesday’s US inflation data. The … Continued


The post USD/JPY Price Retreating to 130.00 as Yields Slip, Eying US Inflation appeared first on Forex Crunch.


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