4min chapter

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People's Bank Of China Is Running Without A Governor

Market Depth

CHAPTER

Dollar Yen Strengthening Move Marks Turning Point for Dollar Yield Upside

For the week yen rally the most since March of 2023 of this year. This was indeed a very stand-up move amongst the major FX pairs and none of the other ones moved to that degree of significance. The two-year US treasury yield then kind of restabilize thereafter as if like nothing had happened you know that momentary earthquake actually triggered a new directional trend for dollar yen.

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