JPY – JPY At The Stronger Parts Of Its Range

The JPY continues to make a push towards the strongest parts of its range against the USD. The JPY strength has come on the heels of a very anxious and risk adverse equities market. Gold has been hammered the past couple of days and finds itself well below 1200.00 USD an ounce, firmly establishing that the precious metal remains a speculative play in a broad market that is very cautious.

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