posted by
fx360
1413 days ago
in USD, EUR, Technical
A very choppy night in the currency market with risk aversion flows dominating trade as yen hit a six week high against the dollar with USD/JPY falling to 94.07 on the back of -2.5% slide in the Nikkei. In the absence of any fresh and meaningful economic data the markets continue to churn in well established ranges but with recovery trade thesis