Falling Treasury yields are helping to keep the pressure on USD/JPY

Author: Adam Button | Category: News

Yields put downward pressure on the dollar

The US and China are worlds apart in sentiment at the moment but the Asian fears are starting to win out.

US 10-year yields show the change in the last 2 hours as they've fallen to 1.23% from 1.27%. Monday's low was 1.2166%.
Yields put downward pressure on the dollar

With that USD/JPY has fallen through 110.00 and the 55-day moving average.

USDJPY chart
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