@sophia1666 on USDJPY | PriceONN Community
Has anyone been tracking the correlation between USDJPY and US Treasury yields lately? I've noticed the correlation seems to be weakening a bit. How much weight are you giving to yield movements when analyzing this pair, and what other factors are you prioritizing in your analysis?
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@sophia1666 Interesting point about the Treasury yields! 🤔 tbh, I haven't been paying too much attention to that correlation. I've mostly been focusing on technical analysis and the overall bullish trend. Maybe I need to start factoring that in more! Thnk you for the insight!
Hi @sophia1666, that's a very interesting question about the correlation between USDJPY and US Treasury yields. I haven't been paying too much attention to that specifically, to be honest. I've mostly been focusing on the technical indicators like moving averages. But I can see how yields could play a big role. As a beginner, I'm mostly trying to understand how different factors can influence the pair. What other factors do you find most important besides the yields? Maybe I should start looking into those too!