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  • Yen Drops Broadly as Yields Rose on Optimism
  • Market & Economic

Yen Drops Broadly as Yields Rose on Optimism

Stock Hedges 3 weeks ago 1 min read

Yen trades generally lower today following surging treasury yields and some firmness in stock markets. While it’s not yet a full risk-on market, sentiments are positive for now. Swiss Franc, Euro and Dollar also turn slightly softer. On the other hand, commodity currencies and Sterling are trading generally higher. Technically, the downside breakout in EUR/GBP […]

The post Yen Drops Broadly as Yields Rose on Optimism appeared first on Action Forex.

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