By David Becker The yen moved lower against the greenback, as a yield differentials continue to make the dollar a more attractive assets. The retraction from safe haven assets which include oil and the Yen, allowed fundamentals to gain some control.At nearly 50 basis points, the US-Japan 2-year interest rate spread is above its 100-day [...]
Tag Archives: jpy
Yen Shorts Begin To Crowd As Japanese Yields Continue to Decline
By David Becker The Yen consolidated today, after the dollar made an attempt at moving higher prior to the release of US economic data. Yields on the Yen relative to most major currencies are unattractive, and yield spread differentials are normally the driver behind medium to long to currency movements. With Yen deposits yielding close [...]
Yen Strengthens As Dollar Safe Haven Status Shaken
By Barbara Zigah The Japanese Yen, struggling in recent days in spite of the escalating violence in the oil producing nations, is finally seeing some gains. But the gains are not entirely related to the safe-haven inflows of nervous investors that you might expect. In general, it is the weakness in the U.S. Dollar, in [...]
