steadier

Bond yields rose after the UK CPI report was released earlier, helping to support the USD/JPY pair slightly. The pair rose by 0.2% to reach 156.47, as it continues to close at the highest level recorded last week at 156.78. This comes as…

The key pair to watch is still USD/JPY and that is seen down 0.3% to 151.22, although not much changed from earlier in the day here. Verbal intervention by Japanese officials are helping to stop the bleeding in the yen for now but it is…

Even as equities are finding a bit of a reprieve, currency traders are not really buying it. 10-year Treasury yields are down 2.7 bps on the day to 4.509% now and that is helping to give stocks a light breather. If anything, it could prove…