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USD/JPY tumbles possible US military intervention in Syria

FXstreet.com (Athens) – The USD/JPY is trading sharply on a downtrend pattern on Tuesday, as ‘Syria’s case’ damp investors’ risk appetite.

USD/JPY falls apart on combination of softer durables and escalation in the Syrian conflict

The pair is under highly pressure on Tuesday, as the U.S. vows to hold Syria’s government liable for deadly chemical weapons attacks on its people. What’s more, besides the uncertainty over the geopolitical issues around the globe, traders are more than ever puzzled on when the notorious ‘tapering’ will finally start. As long as US data let down investors, traders might consider that ‘Septaper’ will come …read more