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Japanese Yen (USD/JPY) and (EUR/JPY) Prices, Charts, and Analysis
- USD/ JPY remains to push versus a multi-decade high.
- EUR/ JPY publishes a fresh 15-year high.
- Fed Chair Powell talks later on in the session.
Recommended by Nick Cawley
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The existing risk-on view controling a series of monetary markets is contributing to architectural Yen weak point, leaving JPY in jeopardy versus a series of various other money. The Japanese Yen is viewed as a safe house money in times of danger. The current risk-on relocation, reinforced by expanding market approval that the United States is very not likely to elevate rate of interest additionally, has actually seen the VIX— a volatility index— rolling to a fresh two-month reduced.
VIX Volatility S&P 500 Index Daily Chart
United States rate of interest are most likely to be talked about by Fed Chair Jerome Powell and a team of various other Fed participants that are all set up to …
