Yen Overwhelmed Dollar on Falling Benchmark Yields

Dollar ended broadly lower last week, as the worst performer, as hammered by the events of FOMC meeting and GDP release. In short, Fed chair has signalled slower tightening pace ahead and the message was reinforced by another quarterly GDP contraction print. Whether the US was already in recession or not, Fed is turning from […]

The post Yen Overwhelmed Dollar on Falling Benchmark Yields appeared first on Action Forex.