Will the Downtrend in USD/JPY and Cross Yen Continue? Expectations for a Decrease in the US-Japan Interest Rate Gap Persist as US Bond Yields Decline
In the overseas markets following the Christmas holiday, USD/JPY and cross yen pairs are declining, with the yen strengthening. US bond yields have significantly decreased, leading to expectations in the market of an early rate cut by the US Federal Reserve. Yesterday, both US and European stocks performed well. However, the belief that the interest […]