USD/JPY Won't Test the Line Two Governments Drew

Intervention from both Japan and the US Treasury has capped the USD/JPY pair, putting next week US CPI report at the center of the market. James Stanley, FOREX.com Senior Market Analyst, walks through five charts he is watching across gold, USD/JPY, the US dollar index, the Nasdaq 100, and long-end Treasury yields. Stanley explains why dual central bank intervention tends to work better than one-sided Bank of Japan action, what is driving the gold breakout, and how a yen carry trade unwind could spill into the Nasdaq 100. He also looks at why rising US 30-year Treasury yields stayed orderly instead of sparking a panic. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_james_stanley&utm_content=share 0:00 Weak Jobs Report Shifts Focus 0:44 Gold Bulls Seize the Breakout 1:37 Gold Looks Around the Corner 5:35 Dollar Yen Hits a Dual Wall 6:41 Positioning Beats Fundamentals 11:54 Dollar Slides as the Yen Leads 13:33 Carry Unwind Rattles Nasdaq 14:48 Long-End Yields Stay Orderly Like and subscribe for more financial market insights. #StoneX #JamesStanley #Forex #Gold #Nasdaq