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Yen makes broader highs

JPY
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  • The Yen continues to gain on the back of higher wage growth in Japan, over 100 pips range in USDJPY, with the currency making fresh new highs across the board, versus AUD, EUR, USD, GBP, as more markets participants switch to a more hawkish rate outlook.
  • The Yen is the best performer against the Dollar, now up 0.82% and the 148.00 looks too close not to be tested.
  • Below the latter, opens to 147.63 Low Feb 7.
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  • The Yen continues to gain on the back of higher wage growth in Japan, over 100 pips range in USDJPY, with the currency making fresh new highs across the board, versus AUD, EUR, USD, GBP, as more markets participants switch to a more hawkish rate outlook.
  • The Yen is the best performer against the Dollar, now up 0.82% and the 148.00 looks too close not to be tested.
  • Below the latter, opens to 147.63 Low Feb 7.