Yen Selloff Continues on Strong Stocks and Yields, Sterling Lifted by Hawkish BoE Comments

Yen’s selloff continues as another week starts, backed by rebound in Asian stocks and Japanese yield. Indeed, 10-year JGB yield, currently at 0.093, is on track to 0.1 handle. Sterling is currently the strongest one, as lifted by hawkish comments from BoE officials over the weekend. Australian Dollar is following closely, leading other commodity currencies […]
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