JPY – Increased Risk Appetite = Weaker Yen

The JPY lost ground to the USD on Friday as traders continued to show a tad more risk appetite within the Asian equity markets reflecting their global counterparts. The JPY and USD remain in a well practiced range and one that is a barometer of sentiment within the global markets. Gold finds itself in the higher parts of its range which continues to show that some in the markets remain nervous.

Written by bforex.com

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