USD/JPY sinks to 6-week low on forecast for less aggressive Fed – Daily Market Brief, August 1, 2022

The dollar continues to fall, reaching a six-week low against the Yen on Monday, as investors bet that the Federal Reserve will perform less tightening in the face of a recession in the United States. Changes in the long-term Treasury rates have had a significant impact on the USDJPY pair, with the benchmark 10-year yield … Continue reading USD/JPY sinks to 6-week low on forecast for less aggressive Fed – Daily Market Brief, August 1, 2022 →Read more