USDJPY Technical Analysis – The rise in Treasury yields drive the pair higher – ForexLive

The USDJPY pair has been driven higher recently due to an increase in Treasury yields. This rise in yields has had a positive impact on the pair’s movement. Traders are closely monitoring this trend as it continues to influence the pair’s direction. It is important to keep an eye on Treasury yields as they play a significant role in the movement of USDJPY. Stay informed and keep track of any developments in Treasury yields to better understand the potential impact on the pair’s movement.