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The Yen outperforms

USD
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  • The Dollar stays in the red going into the European session, lower Yields are keeping the lid on the Greenback helping the 3} USDJPY below 141.00 and through 140.75 overnight, although the pair has since recovered back above 141.00 now.
  • In Yield terms, the 10yr found good support at the 3.60% mark on Wednesday, printing a 115.23+ high on that day in Futures, which will be the initial level to watch out for.
  • Main support in USDJPY is still at 140.25 the December 2023 low and the lowest traded level since July 2023 (prices are according to Bloomberg.
  • Second best performer is the Swissy, but by only 0.15%, and similar to the Yen, off its best level now.
  • Small support in USDCHF moves up to 0.8456.
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  • The Dollar stays in the red going into the European session, lower Yields are keeping the lid on the Greenback helping the 3} USDJPY below 141.00 and through 140.75 overnight, although the pair has since recovered back above 141.00 now.
  • In Yield terms, the 10yr found good support at the 3.60% mark on Wednesday, printing a 115.23+ high on that day in Futures, which will be the initial level to watch out for.
  • Main support in USDJPY is still at 140.25 the December 2023 low and the lowest traded level since July 2023 (prices are according to Bloomberg.
  • Second best performer is the Swissy, but by only 0.15%, and similar to the Yen, off its best level now.
  • Small support in USDCHF moves up to 0.8456.