@megan9347 on USDJPY | PriceONN Community
Anyone else notice how USDJPY seems to be mirroring US10Y yields lately? When yields go up, USDJPY goes up, and vice versa. I'm wondering if that correlation will continue to hold, especially with the Fed meeting minutes coming out soon. Could be a good way to gauge potential USDJPY moves based on the bond market's reaction. Just a thought!
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Oh and another thing, the Nikkei 225 is also looking pretty bullish. I think that's contributing to the overall risk-on sentiment, which is helping USDJPY climb. It's all connected!