JPY And EM Currencies Better Bid On Broad Dollar Weakness

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Sep 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    After Tuesday's broad sell-off in the USD dollar, FX markets stabilised on Wednesday with the exception of the Japanese yen, which continued to appreciate. The dollar index fell almost 1% to 94.78 yesterday after the ISM non-manufacturing index moved closer to the 50 threshold that separates contraction from expansion, printing[​IMG]

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