The JPY gained against the USD moving to stronger parts of its range against the Greenback as risk adverse trading continued. However, the JPY’s value is consistent with its long term range versus the USD. Gold climbed to the stronger parts of its recent value also and is near 1244.00 USD. The question for traders regarding the JPY and Gold going into final trading session today will be how their recent moves will fall into line as part of their known ranges?
Written by bforex.com