-
Posted by
Two Blokes Thu at 12:45 PM -
Filed in
Forex
-
2 views
The US Dollar is faring better than the Japanese Yen in the current risk-averse scenario, with geopolitical concerns driving markets, which keeps the USD/JPY trending higher, with bulls testing resistance at the 145.35 level. Investors' fears of an escalation of the Middle East conflict have been boosted by Trump's ambiguous comments on Wednesday and a Bloomberg report suggesting that US Senior officials would be preparing for a strike on Iran, which would probably take place during the weekend.
