USD/JPY Jumps on US PMI Data Beat as US Treasury Yields Resume Rally
USD/JPY erased morning session losses and jumped into positive territory after U.S. PMI data surprised to the upside, bolstering U.S. Treasury yields across the curve.
USD/JPY erased morning session losses and jumped into positive territory after U.S. PMI data surprised to the upside, bolstering U.S. Treasury yields across the curve.
Sterling showed some signs of promise earlier this week on the back of another stubbornly hot inflation number which dragged rate expectations higher. Momentum Fades
The latest Euro Area PMIs show business activity in the single block at an 11-month high, driven by an increasingly robust service sector.
The U.S. dollar looks towards additional Fed speak and US PMI data in what is a relatively lackluster economic trading day. DXY pushing 102.
The Canadian Dollar continues to weaken alongside crude oil prices. USD/CAD is facing a key moving average, will it be able to, or will prices break higher?