Monday, 17 May 2021

USD/JPY Mirrors Decline in US Treasury Yields Ahead of FOMC Minutes

USD/JPY continues to pullback from the monthly high (109.79) ahead of the FOMC Minutes to largely mirror the recent weakness in longer-dated US Treasury yields.

from DailyFX - Market News https://ift.tt/3byZm8d
via IFTTT

No comments:

Post a Comment

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...