Page 9 - அட்லாண்டா கூட்டாட்சியின் இருப்பு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

4/16/2021 4:26:40 PM GMT USD/JPY falters as Treasury yields slide, drops 1% on the week. 10-year yield sheds 15 points to Thursday, recovers 5 on Friday. Excellent US Retail Sales, Jobless Claims provide no immediate dollar support. Consolidation likely in USD/JPY as markets await initial US second quarter data. FXStreet Forecast Poll predicts extending USD/JPY weakness. In a classic case of following the bouncing yields, the USD/JPY sank for the first four days as US Treasury yields saw their steepest losses in a month then rebounded as the credit market reversed on Friday. From Monday’s close at 1.675% the return on the benchmark 10-year note dropped 15 basis points to 1.530% on Thursday and the USD/JPY descended from 109.66 to 108.78. Friday’s reversal in yield, up six points to 1.59%  stabilized the USD/JPY above 108.80 after Thursday’s intra-day dip to 108.61. 

United statesJerome powellHaruhiko kurodaBureau of economic analysiRevisions to march nationalJobless claimsForecast pollAtlanta federal reserveControl groupEconomic analysiMarch retail salesGovernor haruhiko kurodaMichigan consumer sentimentMarch producer price indexMachinery ordersInitial claims