US dollar firms again. USD/JPY nears the best levels of the day ...Middle East

News by : (forex live) -

In the last hour or so there has been some profit taking in euro longs, possibly after Bessent said there will be intense negotiations between the US and EU this weekend. Trump loves to grandstand like he did against Canada last week so I'd expect a few more twists and turns before anything gets done on that front. We could be seeings signs of euro longs heading to the sidelines ahead of that.

Elsewhere, USD/JPY is the big winner today as the pair benefits from a 9 bps rise in US 2-year yields along with a strong rally in risk assets. The S&P 500 is up 0.85% and near the highs of the day and USD/JPY is challenging the jobs high.

This article was written by Adam Button at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( US dollar firms again. USD/JPY nears the best levels of the day )

Also on site :

Most Viewed News
جديد الاخبار