Yen Slide Intensifies, More Downside Likely Ahead
In relatively quiet market environment, Japanese Yen is coming under increasing pressure, with notable selloff driven by rising benchmark yields in the US and Europe. With major European stock indexes largely flat and the US and Canadian markets closed for a holiday, the Yen’s decline has gained momentum. Several Yen crosses have broken near term […] The post Yen Slide Intensifies, More Downside Likely Ahead appeared first on Action Forex.
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In relatively quiet market environment, Japanese Yen is coming under increasing pressure, with notable selloff driven by rising benchmark yields in the US and Europe. With major European stock indexes largely flat and the US and Canadian markets closed for a holiday, the Yen’s decline has gained momentum. Several Yen crosses have broken near term […]
The post Yen Slide Intensifies, More Downside Likely Ahead appeared first on Action Forex.
