On Friday, the yen briefly strengthened after the publication of preliminary data showing Japan's GDP growth in the second quarter above expectations. This has increased speculation about a possible rate hike by the Bank of Japan this year.Nevertheless, the currency remains weaker than expected, even despite the reduction in the yield spread of 10-year US and Japanese bonds, which usually supports the yen. The yield on U.S. Treasury securities declined, while Japanese yields remained almost unch... Прочетете още
