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CROSS ASSET: US 10yr Yield is testing this Week's low.

CROSS ASSET
  • The USDJPY continues to take its cue from the push lower in US Yield, although TYH5 now edges to its highest level since 5th November, the US 10yr Yield is now just challenging this week's low.
  • Next downside target in US 10yr Yield is seen at 4.2205%, would Equate to 111.06 in March 2025.
  • USDJPY targets immediate support at 151.30 Low Nov 6.
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  • The USDJPY continues to take its cue from the push lower in US Yield, although TYH5 now edges to its highest level since 5th November, the US 10yr Yield is now just challenging this week's low.
  • Next downside target in US 10yr Yield is seen at 4.2205%, would Equate to 111.06 in March 2025.
  • USDJPY targets immediate support at 151.30 Low Nov 6.