JPY – Safe Haven Plays Still Investors Stronghold

The JPY continues to lean towards the stronger side of its value against the USD in what has been consistently risk adverse trading. Asian bourses have reflected their American counterparts producing cautious gains on a lack of strong fundamental data. Gold broke through its consolidation and is around 1262.00 USD an ounce showing that investors continue to exhibit a taste for perceived safe haven avenues.

Written by bforex.com

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