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USD/JPY Forecast September 16-20 – Surging Dollar Breaks Above 108, Central Banks In Spotlight
Article By:
Yohay Elam
Sunday, September 15, 2019 1:49 PM EDT
The dollar is enjoying a strong run, and the message from the Fed this week could have a major impact on whether the rally continues. With the Japanese economy not in the best of shape, investors will also sensitive to news from the Bank of Japan.
In this article: FXY
Jump In Yields Didn't Derail Equity Rally While Sterling Rallies On Misplaced Brexit Optimism
Article By:
Marc Chandler
Sunday, September 15, 2019 11:12 AM EDT
The most striking thing about last week's price action was the surge in US yields. The 10-year yield jumped about 34 basis points, the most in three years and returned to levels not seen since August 2 (1.90%).
Six Things To Watch In The Week Ahead
Article By:
Marc Chandler
Saturday, September 14, 2019 6:23 PM EDT
The prospect of a third trade truce between the US and China helped underpin the optimism that extended the rally in equities. Bond yields continued to back-up after dropping in August, led by a more than 30 bp increase in the US yield benchmark.