JPY – Struggling Equities Produce Stronger Yen

The JPY finds itself on the stronger sides of its safe haven range against the USD going into today’s final trading session. Risk appetite in the Asian bourses has been struggling most of the week reflecting global equity markets and this has added to the JPY’s allure. Gold finds itself in a consolidated range as it continues to test the upper reaches of its value. Gold may be finding some backing due to the rather poor trading being produced in equities as caution continues show signs of being rampant.

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