The Yen Is Advancing on Three Fronts
Rumours of changes to the GPIF’s portfolio structure, currency interventions and monetary tightening by the BoJ are bolstering the yen. Falling Treasury yields and a weakening dollar are lending a helping hand to the ‘bears’ on USDJPY. The US dollar was forced to retreat against a backdrop of falling Treasury yields and the probability of […] The post The Yen Is Advancing on Three Fronts appeared first on ActionForex.
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