Kavan Choksi Japan- Understanding The USD/JPY Pair In Relation With The US Treasuries
November 11, 2022
Traditionally in the financial market, the powerful currency pair USD/JPY has a very close correlation with the US Treasuries. When the yields of the US Treasury bonds, bills, and notes increase, the Japanese Yen tends to become weaker against the dollar. The reason behind the above is that people purchase more Yen at a cheaper value to buy dollars that are high yielding in nature. In general, the…