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Copper, DAX and USD/JPY: Key Markets to Watch After Fed

By: 
Christopher Lewis

Copper and DAX eye bullish continuation as U.S. yields stay elevated, while USD/JPY watches ¥155 ahead of the Bank of Japan rate decision.

US2Y Technical Analysis

Daily candlestick chart of the US 2-Year Treasury Yield trading at 4.713% after extending gains above the 50-day EMA at 4.327% and 200-day EMA at 4.026%.
Daily chart of the US 2-Year Treasury Yield trading stout at 4.713% above key moving averages. Source: TradingView

The 2-year yield: We’re going to have to keep watching the short end of the curve in the United States, as well as the 10-year yield in the middle. They are both still very stout, and that has a major influence on risk appetite, although it does seem like things are cooling off a little bit early here on Thursday.