Japanese Yen Outlook: AUD/JPY, NZD/JPY Drop as Falling US Yields Lift Yen

The Japanese Yen strengthened on Tuesday as risk appetite paused during U.S. trading hours. AUD/JPY and NZD/JPY both reversed lower from the previous day’s price action, although Yen strength is starting to ease. Wall Street ended the session lower with the Dow Jones, S&P 500, and Nasdaq indexes finishing down 0.56%, 0.48%, and 0.30% respectively. The US Dollar also saw broad-based weakness, although not to the extent seen against the more risk-sensitive currencies. Trading in the DXY index was lower by 0.22% as the New York closing bell rang. Despite a weak USD, spot gold prices accelerated to the downside in the … (full story)

Let's Have A Chat ​


please, upload jpg, jpeg, png or pdf files only