Yen Surges to 4-Month High as China Devaluates Currency

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Japanese yen continues to shine this week, and has posted sharp gains on Thursday. Early in the North American session, USD/JPY is trading at 117.80. The yen strengthened after China devalued the yuan. On the release front, Japan will release Average Cash Earnings later in the day, followed by[​IMG]

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