Yen Outperforms as Investors Turn Defensive, Sterling’s Downward Spiral Persists – Action Forex
While Sterling continues to be the market’s primary focus as it faces heavy losses, Japanese Yen is quietly staging a modest, but broad-based recovery. However, Yen’s rally appears driven more by position adjustments ahead of tomorrow’s US non-farm payrolls report, as risk sentiment has across markets has turned more cautious. Meanwhile, there little support for […]
The post Yen Outperforms as Investors Turn Defensive, Sterling’s Downward Spiral Persists appeared first on Action Forex.
