XE Market Analysis: USD nears 11 month highs against JPY and US Bond yields surge

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OVERVIEW

  • The US Dollar strengthens against the Japanese Yen as US Treasury Yields reach seven year highs
  • The Pound extends its rise against the Euro as an EU source is said to have welcomed a new Brexit proposal plan
  • The Turkish Lira weakened by over 2% today against the US Dollar a day after inflation data was announced

HIGHLIGHT

The US Dollar to Japanese Yen hit an 11 month high on the back of Jerome Powell’s comments and stronger economic data