Today saw strength in the Japanese Yen after a positive new orders report was released prior to the day’s trading. The Yen leveled off as the day ended, and traders lost initial enthusiasm on the Yen after a weaker than expected fixed asset investment report.
The Yen’s break of 89.44 suggests continued downside momentum during the duration of the week. Yen traders are closely watching whether the crucial support at 88 will be breached. Read More | Comments
