Will the USD/JPY future be influenced? U.S. treasury yields [Waterfront Journey]
What is currently attracting attention in the market is the movement of the U.S. 10-year Treasury yield. According to Noriyuki Mizukami, the actions of domestic institutional investors holding large amounts of U.S. Treasuries, domestic banks, and U.S.-based funds will be the key to the dollar-yen exchange rate. This time, we will explain the relationship between U.S. Treasury yields and the FX market.
*This article is a reprint and revised edition of an article from FX攻略.com July 2018 issue. Please note that the market information written in the main text may differ from the current market.
Noriyuki Mizukami Profile
Mizukami Noriyuki. Representative of Barnia Market Focus. After graduating from the Faculty of Economics at Sophia University in 1978, he joined Sanwa Bank (now part of Mitsubishi UFJ Financial Group). After five years in branch operations, he worked as a foreign exchange dealer in London, Tokyo, and New York. Known in the Tokyo Foreign Exchange Market as “Mizukami of Sanwa.” Served as Foreign Exchange Department Head at Dresdner Bank. From 1996 at RBS Bank, he served as Foreign Exchange Department Head and then Foreign Exchange Sales Department Chief. From 2007, he has been the representative of Barnia Market Focus. He is well known for high-precision market forecasts based on many years of experience and knowledge.
