USD/JPY is once again approaching territory that could force Japanese authorities into difficult decisions. The pair surged through 158 on Friday as broad Dollar strength combined with another sharp rise in US Treasury yields. The US 10-year yield pushed above 4.5% in Asian trading, extending a global bond selloff that is currently dominating currency market […]
The post USD/JPY Climbs Toward 160 as Rising US Yields Test Japan’s Intervention Resolve Again appeared first on ActionForex.
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