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Yen falls to 10-month low March 8, 2021SharePrint The Japanese yen has started the week with considerable losses. Currently, USD/JPY is trading at 108.82, up 0.51% on the day. Dollar pushes yen close to 109 The yen’s woes continue, as the US dollar continues to beat up on the Japanese currency. USD/JPY has jumped 5.6% since January 1 and is pressing on the 109 line, which has held since June 2020. The catalyst behind the recent strength of the US dollar has been the recent rise in US Treasury yields. The 10-year bond climbed to 1.60% earlier on Monday, while 30-year bonds rose to 2.31%. The yen is particularly sensitive to rate differentials between the US and Japan, so the increases in US yields are putting strong pressure on the Japanese currency.

President bidenJapan average cash earningsJapan final gdpJapan household spendingUs 10 year bondUs 30 year bondUs nonfarm employment changeUs stimulusUs stimulus billப்ரெஸிடெஂட் பிடென்ஜப்பான் இறுதி ஜீடீபீஜப்பான் வீட்டு செலவுஎங்களுக்கு ஆண்டு பத்திரம்எங்களுக்கு ஸ்டிம்யுலஸ்எங்களுக்கு ஸ்டிம்யுலஸ் ர சி து