Signs of triple decline!
10/7As tensions in the Middle East intensify and crude oil prices rise sharply, U.S. inflation concerns reemerge and long-term interest rates2rose for the first time in4%in months. With stock prices sliding on the prospect of rising rates, the dollar weakened, triggering the so-called triple decline(in stocks, bonds, and the dollar). We analyze the background and explain the future direction of the USD/JPY outlook.
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