JPY – Yen Powers Higher Versus the USD & EUR

The JPY continued to pick up momentum on Tuesday as risk adverse trading in Asian bourses mimicked their global counterparts and spiraled lower. The JPY finds itself in the stronger realms of its value versus the USD and EUR. The JPY and USD has been a safe haven pair for a long time, but the mounting nervousness among Asian investors has created solid gains for Yen the past few trading sessions.

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