USD/JPY Price Analysis: JPN Yields Fall Amid Safe-Haven Demand
Safe-haven demand for JGBs has driven the 10-year rate down to 0.24%. Investors are expecting a Fed pause amid the collapse of US banks. Japanese policymakers dismissed the chance that the failure of SVB would affect Japan. Today’s USD/JPY price analysis is slightly bullish. The dollar remained close to a multi-week low as traders speculated … The post USD/JPY Price Analysis: JPN Yields Fall Amid Safe-Haven Demand appeared first on Forex Crunch.
Safe-haven demand for JGBs has driven the 10-year rate down to 0.24%. Investors are expecting a Fed pause amid the collapse of US banks. Japanese policymakers dismissed the chance that the failure of SVB would affect Japan. Today’s USD/JPY price analysis is slightly bullish. The dollar remained close to a multi-week low as traders speculated …
The post USD/JPY Price Analysis: JPN Yields Fall Amid Safe-Haven Demand appeared first on Forex Crunch.
