It looks like the yen played nice and gave back some ground back to other major currencies. Despite the one-directional move yesterday, the overall trend remains to be “buy-the-yen.”
No economic report due for release out of Japan today so the yen’s price action would probably be largely dependent on news coming out of other countries. If you still haven’t gotten it, I’m hinting on the US non-farm payrolls due later! Knowing how sentiment could change on a dime, it would be best to see what the report brings to avoid event risk.
No economic report due for release out of Japan today so the yen’s price action would probably be largely dependent on news coming out of other countries. If you still haven’t gotten it, I’m hinting on the US non-farm payrolls due later! Knowing how sentiment could change on a dime, it would be best to see what the report brings to avoid event risk.
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