FXstreet.com (Athens) – The USD/JPY is sitting well above the 98.00 area, without any clear risk aversion signals seen in markets.
The USD/JPY heading upwards as Syria’s fears ease and ahead of US data
While there hasn’t been a decent clear risk aversion sign, the USD/JPY rose above 98.00 level, for the first time in two days. Investors should keep in mind that, a two week low was set yesterday at 96.81. Today, most probably on the fact that President Obama stepped back regarding the ‘Syria’s issue’, the ‘American dollar’ boosted further across the board. All in all, we …read more