USD/JPY still sits above 98.00

FXstreet.com (Athens) – The USD/JPY is trading downwards on Friday’s trading session, but still remains above the crucial 98.00 level.

Asian indices rose, as a possible military strike on Syria appeared less likely. British Prime Minister David Cameron lost a vital parliament vote on Syria, in a move that appeared to all but rule out British involvement in such action. Despite the fact that for the time being, an invasion on Syria doesn’t appear to be imminent, the American dollar pared some of its gains against its Japanese counter-part. Furthermore, Japanese housing orders and construction data, announced much weaker than …read more