Tag Archives: USD/JPY

Treasury Yields Pressure Dollar – Trading news

Daily Report: Dollar Sharply Lower after Solid 2-Year Notes Demand, More Bond Auctions ahead.  The U.S Dollar is trading sharply lower this week, with particular weakness in USD/JPY. The dollar weakness is primarily coming from falling treasury yields. Yesterday’s auction of $35b 2-year notes in US attracted solid demand, with bid-to-cover ratios at 3.71 times,… read more