Yen was once again the runaway loser last week as global benchmark treasury yields, except JGB, surged. BoJ has clearly put a cap in 10-year JGB yield and the result is widening spread and persistent Yen selloff. Euro showing some renewed weakness but it’s so far still range bound against Dollar. Nevertheless, extended decline in […]
The post Yen Extended Down Trend as US 10-Yr Yield Hit 2.5, Euro Vulnerable Again appeared first on Action Forex.
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