USD/JPY Is Under Pressure As Treasury Yields Fall

jy-l4USD/JPY tests the 144.00 level as Treasury yields pull back.

USD/JPY pulls back as traders focus on falling Treasury yields. The yield of 2-year Treasuries declined below the 3.95% level, whiel the yield of 10-year Treasuries settled below 4.45%.

The nearest support level is located in the 143.50 – 144.00 range. If USD/JPY settles below the 143.50 level, it will head towards the next support at 140.00 – 140.50.

USD/JPY

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