U.S. Jobs Data Due While The Confrontation With Iran Is Approaching A Climax
Source: SeekingAlpha
2026-02-11 07:30:00 ET
The US dollar ( DXY ) is softer against all the G10 currencies. The powerful short squeeze continues to lift the yen, though Japan was on holiday today. Defying expectations, the yen, and Japanese bonds have rallied since the LDP’s sweeping electoral victory. The combination of a stronger yen and lower yields may look like a classic “sell the rumor, buy the fact” type of activity, but the rally in JGBs began before the election....
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U.S. Jobs Data Due While The Confrontation With Iran Is Approaching A Climax
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