Dollar gains, yen slips as Japanese yields tumble

By X-blogger - on May 28, 2025

The dollar strengthened as the yen came under pressure from a sharp fall in Japan’s long-dated bond yields, while the greenback was boosted by data improving U.S. consumer confidence.

After a 1.6% dip during the last session, the Dollar-Yen pair closed with a 1.2% gain. The Stochastic-RSI indicates an overbought market.
Support: 140.48 | Resistance: 147.46

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