JPY – Consolidated Dance From The Safe Haven Pair

The JPY and USD pair danced again within a tight consolidated pattern as investors refused to shake off the safe haven status that both currencies enjoy. The JPY continues to find strength as questions and fears resonate throughout the investment world. Not only are bourses producing nervous results, but international news such as the Korean situation have certainly brought out risk adverse tendencies. Gold gained on Wednesday finishing above 1210.00 USD an ounce.

Written by bforex.com

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