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The Japanese Yen had an overall down day as global stocks recovered from a week of losses. The return of investors to stocks came at the expense of the traditional safe-haven Yen and helped the Dollar rebound from a seven week low in forex online market.
The Japanese Yen had an overall down day as global stocks recovered from a week of losses. The return of investors to stocks came at the expense of the traditional safe-haven Yen and helped the Dollar rebound from a seven week low in forex online market.
The break higher in EUR/USD has triggered stops and some may be taking aim at the 1.4500 barrier , judging from the action on the day and the previous, long bout with range trading. An important technical level is comes in at 1.4620. The key short term support now comes in the 1.4400/20 area.
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