Asia Day Ahead: USD/JPY Firm Despite Potential Intervention, NZD/USD at 3-Week Low

US Treasury yields continued with their ascent overnight, with the US 10-year yields at 4.8%. Aside, the VIX is at its four-month high, hovering just below its key 20 level.

from DailyFX – Market News https://bit.ly/3Q03xyE
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Australian Dollar Forecast: AUD/USD in Freefall as US Yields Vault to New Heights

In this article, we assess AUD/USD from a technical perspective, focusing on pivotal price levels and scrutinizing shifts in market positioning that can offer instructive hints about the pair’s outlook.

from DailyFX – Market News https://bit.ly/3ZI2JBv
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Japanese Yen Forecast: USD/JPY Hit by Potential FX Intervention. Will Bulls Reload?

In this article, we conduct a thorough assessment of USD/JPY, taking into consideration both fundamental and technical analysis. We also examine critical variables that may spark volatility in the coming trading sessions.

from DailyFX – Market News https://bit.ly/3RLAtMI
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Gold on Track for Seventh Day of Declines, Silver Tests Support

Precious metals have felt the brunt of higher yields and interest rates. Gold and silver had previously resisted gravity but appear to have finally given way

from DailyFX – Market News https://bit.ly/3RCO88G
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