It’s another poor week for Yen following the rally in benchmark treasury yields in US and Europe. It should be noted again that BoJ has a 0.25% cap on 10-year JGB yield, and thus, gaps are widening. Sterling was a distant second weakest, on risks of stagflation while Swiss Franc also softened. Canadian Dollar was […]
The post Yen Bearishness Persists on Rising Yields, Loonie Strong on BoC and Oil appeared first on Action Forex.