USD/JPY on daily highs ahead of US GDP
FXstreet.com (Athens) – The USD/JPY continues to trend upwards, nearly its daily highs despite ‘Russia Sends Armed Ships to the Mediterranean’
Will the US GDP release give further uptrend momentum to the USD/JPY?
Despite the reports comments about ‘Russia Sends Armed Ships to the Mediterranean’, as well as ‘UK Government publishes legal position on Syria, says attack on specific targets are legally justifiable’, the American dollar continues to beat its Japanese counterpart. The USD/JPY rose above 98.00 level, for the first time in two days and managed to trade above the crucial area of 98.00. Investors should keep in mind …read more