10-year yields in the US are now down to 4.375% and that is contesting a break of its 100-day moving average of 4.38%:
Then, there's also month-end flows to consider this week with the dollar mood already keeping rather mixed in general.
here and here, the path of least resistance is still for a move lower in USD/JPY for now at least.
However, as seen above, there now needs to be that break of the support region of 148.65-00 to really accelerate any further downside pressures in the pair. And that might not come by so easily unless the bond market plays ball this week.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about usd jpy nudges back lower with bond yields in focus was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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