FX:USDJPY   USA-dollar/Japansk yen
Since February 22, 2021 interest rates has been in the 2’s up until July 1st. Since July, Interest rates have lowered a tad bit but is continuing to range in the late 1.70’s -1.90’s. The Fed says inflation will be transitory. At the end of the day, we are at historically low interest rate levels and I don’t see how we would go back between the 2’s and 3’s at some point. When interest rates fall, the USD or respective currency’s dollar weakens. Vice versa when interest rates are high, the dollar strengthens. I see interest rising overtime and over powering the Yen’s interest rates. The Yen 10 year yield is at 0.10%. The USD 10 yr yield is sitting at 1.25% I see price is trading above my 200 EMA (white line) and looks ready to test previous resistance on the daily chart at some point over time. Price is consolidating a bit. I want to see a breakout once our interest rates hike a bit. Will average in until then. Let’s see how this goes! Not financial advice. Just practicing.
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.