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USD/JPY Takes Advantage Of Risk-On Sentiment

Discussion in 'Technical Analysis' started by Kaitlin, Mar 11, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    The American Dollar weakened against the safe haven Yen on Thursday, retreating from its one-week high, amid the sudden return of risk aversion, caused by ECB Draghi's statement. However, risk sentiment improved today and is likely to push the Buck higher towards 114.00. On the other hand, the USD/JPY struggled[​IMG]

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