FXS: Yen crosses rises on sudden flip in market sentiment
FXstreet.com (San Francisco) - The Yen is weakening against its major rivals across the market with the USD/JPY recovery from 3-week low at 79.05 and it is trading back at 79.25 at this moment with 0.08% loses so far today.
Against the Sterling, the Yen is losing ground too, the GBP/JPY has rising 60 pips from 122.55 to break above 123.00 and trade at daily highs at 123.15.
The EUR/JPY is recovering from lows at 96.45 with the pair break up recent range to test 97.00 key number.