USDJPY correlation with interest rates
USDJPY has been bullish for the past four weeks. Of interest is that the spot currency is moving in tandem with treasury yields.
What's next for the USDJPY?
It has approached a strong level of resistance and a 50-week moving average
I'll be monitoring the currency to determine whether it will break the 50-week moving average as rates keep rising.
What's next for the USDJPY?
It has approached a strong level of resistance and a 50-week moving average
I'll be monitoring the currency to determine whether it will break the 50-week moving average as rates keep rising.
Related publications
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.
Related publications
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.