“We suspect the next five big figures in USDJPY come to the upside. We see this because the US 10-year Treasury yield typically only trades 50-75 bps below the Fed funds rate towards the end of the tightening cycle. And given that our team is looking for the policy rate to still be taken 100 bps higher, we think US 10-year Treasury yields will probably return to the 4.25/4.35% area before the end of the year.”
“Equally and once position adjustment has run its course, the Yen rather than the Dollar should become the preferred funding currency should market conditions begin to settle. Although that does seem an unlikely prospect right now.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.