USDJPY The dollar is not getting much of a break in European trade, although market sentiment appears to be more cautious. USD/JPY has now fallen to its most recent lows since mid-August as the pair slips below 13 .00 as sellers threaten to take out the 200-day moving average (blue line) seen at 13 . 9. This is a key level on the charts as a break below opens the way for a possible push to 130.00 for the next pair, although there is little support. The decline comes as we begin to see the Treasury yield per inch hit a low yesterday, with the 10-year yield now at 3.517%, close to its 100-day moving average of 3. 8%.

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