HawkInsight

  • Contact Us
  • App
  • English

Dollar lower against yen despite rise in yields

Dollar lower against yen despite rise in yields。

美元兑日元

USD / JPY hit new lows despite higher yields (steepening curve continues to drive debt markets) and in the process tested (now breached) the 100-hour moving average of 142.49。Keeping below the moving average gives sellers more control in the short term, and at least more work to do。

Earlier in the session, buyer Heather broke through 143..44-143.54 moves when swinging the area, but the upward target is at 144.12 to 144.between 22; when the price returns to 143.44 below the level, buyers turn to sellers and are pushed to the downside。

On the daily chart, 142.23 to 142.65 there is a fluctuating area between which the current price falls。However, if it falls below, we should see further selling momentum against the yen.。

Yields higher, but so far not supporting USD / JPY, short-term focus 142.23 Levels。

Disclaimer: The views in this article are from the original author and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.