[Mercato USA]Shares sold, aggressive Fed likely to continue – dollar low at 145 yen – Bloomberg
The US stock market fell sharply on the 7th. The US employment report showed a strong job market and the Fed’s aggressive interest rate hikes are likely to continue. The 10-year US Treasury yield recorded its longest consecutive weekly rise since 1984. The dollar / yen exchange rate is in the low 145 yen range. … Read more