USD/JPY rose to an 11-month high around 148.90
Hi everybody! What do you think about USDJPY today?
USD/JPY traded near 148.90, near an 11-month high during the Asian session on Tuesday. The US dollar (USD) continues to strengthen, partly due to cautious market sentiment and higher US Treasury bond yields. Shows that the market will decrease today.
The US Dollar Index (DXY) trades higher above 106.00, marking its highest level since November. This strength in the US Dollar is supported by upbeat US Treasury yields. The 10-year US bond yield, which rose to 4.56% at the time of writing, is a level not seen since October 2007. Hence the factor influencing the pair.
USD/JPY traded near 148.90, near an 11-month high during the Asian session on Tuesday. The US dollar (USD) continues to strengthen, partly due to cautious market sentiment and higher US Treasury bond yields. Shows that the market will decrease today.
The US Dollar Index (DXY) trades higher above 106.00, marking its highest level since November. This strength in the US Dollar is supported by upbeat US Treasury yields. The 10-year US bond yield, which rose to 4.56% at the time of writing, is a level not seen since October 2007. Hence the factor influencing the pair.
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good luck traders
Comment:
This currency pair continued to increase slightly today as indicated
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