The JPY finds itself at the weaker part of its strong range against the USD. The Yen did manage to range trade yesterday after two losing sessions and investors will go into today’s trading session looking at their risk appetite carefully. The JPY and USD remain two safe have currencies and their trading has reflected this for quite a while. Asian bourse traded cautiously as investors proved unwilling to venture forward too much before the critical U.S. Non Farm Employment Change data today.
Written by bforex.com