fxstreet.com 04 Feb, 2021 20:15 am

Poised to challenge the 105.60 resistance area

Poised to challenge the 105.60 resistance area
The USD/JPY pair kept rallying on Thursday, reaching a fresh 2021 high of 105.49. Demand for the greenback and rising US Treasury yields were behind

US Treasury yields keep advancing, 10-year note yield at one-month highs.Demand for the greenback and rising US Treasury yields were behind USD/JPY rally this week, further boosted this Thursday by substantial gains in Wall Street.The US dollar is rising alongside Treasury yields, underpinned by fiscal stimulus hopes and robust US data such as falling jobless claims.p XAU/USD prices looking heavy after slumping below $1800 Spot gold (XAU/USD) prices are looking heavy midway through US trading hours on Thursday.

h2 Japan will publish the preliminary estimate of the December Leading Economic Index.4%, and the preliminary estimate of the December Leading Economic Index, foreseen at 97.

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