Key Takeaways:
👉 The US Dollar is benefiting from risk aversion, but US Treasury yields remain a drag, causing a pullback in the USD/JPY pair from its multi-week highs.
👉 The expectation that the new Bank of Japan Governor Kazuo Ueda could abandon the central bank's yield curve policy is lending support to the Japanese Yen.
👉 All eyes are on the US Retail Sales data due later in the NA session for fresh trading impetus.
👉 The US Dollar is benefiting from risk aversion, but US Treasury yields remain a drag, causing a pullback in the USD/JPY pair from its multi-week highs.
👉 The expectation that the new Bank of Japan Governor Kazuo Ueda could abandon the central bank's yield curve policy is lending support to the Japanese Yen.
👉 All eyes are on the US Retail Sales data due later in the NA session for fresh trading impetus.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.