The Japanese Yen weakened alongside Treasury yields on Monday, with USD/JPY once again testing the ceiling of an Ascending Triangle chart pattern. Is a breakout imminent?
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The Japanese Yen weakened alongside Treasury yields on Monday, with USD/JPY once again testing the ceiling of an Ascending Triangle chart pattern. Is a breakout imminent?
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Gold was subdued on Monday, pressured by rising U.S. treasury yields, but prices may rebound in the coming days if U.S. lawmakers fail to reach a deal to raise the debt limit soon.
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Silver sell-off stalls but remains in play ahead of the confluence zone of support around 23.20
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The Yen faces a tough challenge moving forward following dovish comments by the BoJ Governor on monetary policy. What does price action tell us about JPY pairs?
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Gold prices came under pressure as Fed rhetoric shifted hawkish alongside uncertainty around the US debt ceiling.
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