JPY & AUD – Yen Continues To Stay Strong

The JPY is slugging its way around the higher parameters of its value and the Nikkei stock index has been hit as its larger export companies have been hammered as fears of a strong Yen continue to put a scare into investors. The AUD traded lower yesterday as international equities and most commodities struggled. Gold finds itself slightly below the 1200.00 USD mark, but the precious metal should be watched carefully the next few days as hints of risk adverse sentiment appear to be gaining momentum.

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