Is there a sign of the dollar/yen stopping its decline seen from pricing in further rate cuts?
9/6Released US8MonthEmployment Statisticsgrowthslowed, raising concerns about the US economy deceleration2year Treasury yields3.69%,10year Treasury yields3.75%fell to2years,the long- and short-term yield curve inversion, which had persisted for over two years, is likely to be fully unwound. From the current expectations for rate cuts,,we examine the possibility of a bottoming in the USD/JPY exchange rate.
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