It's been a rapid reversal as the US dollar sells off broadly in light of the move to peace in the Middle East and the swan dive in oil prices, which will curb inflation. The Fed now has more latitude to cut rates if jobs data stumbles and inflation stays low.
That said, I believe yields will need to fall further to sustain any real challenge of 142.00.
This article was written by Adam Button at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( USD/JPY extends decline to 150 pips )
Also on site :
- Walmart Is Selling an 'Outstanding' $219 3-Piece Patio Set for Just $80, and It's Available in 14 Gorgeous Colors
- Legendary '90s Hitmakers Thrill Fans 'Absolutely Fantastic' Live Performance
- Former CEO sentenced to prison after first-ever prosecution for stock sales via trading plans that thousands of executives use