Bonds were offered quite strongly to start the year as broader markets were fearing Trump's policies ahead of his inauguration. But with tariff fears receding, we are starting to see things turn around a fair bit.
In turn, this will also have a say in how USD/JPY plays out with the pair still toying with a potential break below 155.00 this week.
here. The bounce coincided with a rebound off the 50.0 Fib retracement level at 153.75, so that will still be a key technical support level to watch out for before the week ends.
This article was written by Justin Low at www.forexlive.com. Read More Details
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