The correlation of 5Y USD Bond and USDJPY is diminishing. This is like decoupling scenario, and that allows a good correction for the pair.
Just view the historical movement, and one can observe it is not a bad tool to predict movements.
For now, I suspect we will see 125.57 test and perhaps even lower short-term.
Just view the historical movement, and one can observe it is not a bad tool to predict movements.
For now, I suspect we will see 125.57 test and perhaps even lower short-term.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.