Tuesday, June 6, 2017

USD/JPY Breaks Below 200-Day SMA, Eyes April-Low as Sentiment Falters

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The Japanese Yen has staged a meaningful advance against its U.S. counterpart, with the USD/JPY exchange rate at risk for a further decline as market participants scale back their appetite for risk. Growing concerns surrounding emerging market economies …

The post USD/JPY Breaks Below 200-Day SMA, Eyes April-Low as Sentiment Falters appeared first on ForexTV.

June 06, 2017 at 09:02PM

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from JPY Editor

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