USD/JPY erases gains for the day as post-Fed reaction weighs ...Middle East

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The dollar is lower in European morning trade, as the post-Fed reaction is starting to weigh more heavily now. USD/JPY traded to a high of 143.94 in Asia but has been dragged all the way back down now to roughly flat levels on the day at 143.18.Looking at broader markets, equities are running higher while bond yields have dropped off from the highs earlier in the day.In fact, Treasury yields are now pushing to the lowest points for the day now. 2-year yields are down to 3.59% from 3.65% earlier while 10-year yields are down to 3.69% from 3.73% earlier.Gold is also now sitting higher by 0.8% to $2,579 in hopes of pushing for a test of $2,600 again.Going back to USD/JPY, the pair is still very

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Last updated : 19 September 2024 clock 10:45 AM

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USD/JPY erases gains for the day as post-Fed reaction weighs ...Middle East

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