USD / JPY fell below Y87.00, reacting to the yield on 10-year U.S. Treasuries

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8 January 2013

USD / JPY fell below Y87.00, reacting to the yield on 10-year U.S. Treasuries

Amid falling yields on 10-year U.S. Treasuries USD / JPY is also reduced, reaching a minimum Y86.97, after falling 60 pips.

Yield on 10-year U.S. government bond is close to 1.85%.

Analysts note that a 1.85% fall will signal the resumption of risk aversion, which would strengthen the pair rolled on recording profits.

European stocks closed in different ways: FTSE 100 6,053.63 -10.95 -0.18%, CAC 40 3,705.88 +1.24 +0.03%, DAX 7,695.83 -36.83 -0.48%

US January IBD/TIPP 6-Month Economic Outlook 44.5

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