USD/JPY, Gold Outlook: Rising Yields Favor the Dollar Over Gold
Source: Forexcom - https://www.forex.com/en-us/news-and-analysis/usd-jpy-gold-outlook-rising-yields-favor-the-dollar-over-gold/
Published: Jul 23, 2026 4:59 AM
The US dollar remains firm near 101, USD/JPY is testing new yearly highs above 163, and Treasury yields have returned toward their yearly highs. Together, these factors continue to outweigh the latest rebound in precious metals, which still requires further technical confirmation before supporting a sustainable long-term bullish outlook.
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