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USD/JPY Catapults Higher as Rally in Bond Yields Boosts US Dollar’s Appeal

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USD/JPY Catapults Higher as Rally in Bond Yields Boosts US Dollar’s Appeal

February 22, 2023
Market News
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USD/JPY Catapults Higher as Rally in Bond Yields Boosts US Dollar’s Appeal

The USD/JPY rallies on Tuesday and challenges a key technical resistance near the 135.00 area, bolstered by rising U.S. Treasury yields

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Wall Street IG Client Sentiment: Our data shows traders are now net-long Wall Street for the first time since Jan 20, 2023 when Wall Street traded near 33,362.50.

Gold and Crude Oil Await Dollar Break for Their Own Commitment

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