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Yen Surges on Falling Stocks and Yields, Dollar Takes a Breather

Yen rises broadly today as risk aversion is dominating the overall financial markets. In particular, US 10-year yield dives through 1.4 handle in Asia, and we’d see if the weakness would persist. Though, selling focus is turning from Aussie and Kiwi to Canadian. Dollar is consolidating last week’s strong gains, but there is no sign […]

The post Yen Surges on Falling Stocks and Yields, Dollar Takes a Breather appeared first on Action Forex.

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