The USD/JPY moved away from the maximum of this week above 147.00, while the JPY continues to submit in front of most of the main currencies, BBH FX analysts report.
The USD/JPY goes back but the JPY is still vulnerable
“The yields of the 20 -year JGB retreated this week in spite 3.29. “
“The increase in long -term JGB yields is raising the service costs of Japan’s debt, limiting the hardening capacity of the Bank of Japan and raising an obstacle to the JPY.”
Source: Fx Street
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