USD/JPY continues to push lower in early American session. USD struggles to find demand after Initial Jobless Claims data. 10-year US T-bond yield is losing more than 1% on Thursday. The USD/JPY extended its daily slide in the early American session and touched its lowest level in two weeks at 109.00. As of writing, the pair was down 0.7% on a daily basis at 109.08. DXY edges lower toward 92.00 The selling pressure surrounding the greenback seems to be weighing on USD/JPY on Thursday. After the data published by the US Department of Labor showed that the weekly Initial Jobless Claims rose to 744,000, compared to analysts’ estimate of 680,000, the US Dollar Index (DXY) dropped to a daily low of 92.14. At the moment, the DXY is losing 0.28% at 92.17. Furthermore, the benchmark 10-year US Treasury bond yield is falling 1.7% on the day, ramping up the bearish pressure on USD/JPY. In the meantime, Wall Street’s main indexes look to open in the positive territory with the S&P 500 Futures rising 0.3%. If risk flows start to dominate financial markets in the second half of the day, the JPY could have a hard time preserving its strength and limit USD/JPY’s downside. Later in the day, St. Louis Fed President James Bullard, Minneapolis Fed President Neel Kashkari and FOMC Chairman Jerome Powell and will be delivering speeches. Technical levels to watch for FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD Price Analysis: Positive view remains unchanged FX Street 2 years USD/JPY continues to push lower in early American session. USD struggles to find demand after Initial Jobless Claims data. 10-year US T-bond yield is losing more than 1% on Thursday. The USD/JPY extended its daily slide in the early American session and touched its lowest level in two weeks at 109.00. As of writing, the pair was down 0.7% on a daily basis at 109.08. DXY edges lower toward 92.00 The selling pressure surrounding the greenback seems to be weighing on USD/JPY on Thursday. After the data published by the US Department of Labor showed that the weekly Initial Jobless… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.