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Back Fundamental analysis
Yen walking on thin ice
The rise in US Treasury yields,
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The rise in US Treasury yields, fueled by the Fed's reluctance to cut interest rates, combined with escalating geopolitical tensions in the Middle East, has forced USD/JPY bears to step back. The yen is struggling to act as a safe-haven currency when oil prices are climbing. As a net importer of oil, Japan is negatively impacted by the surge in Brent and WTI, which weighs heavily on its economy. For USD/JPY bulls, the long pauses in monetary policy cycles play in
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Igor Kovalyov
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