US Session: Yen Crosses Surge on Revival in Risk Appetite





G10 Advancers and Decliners vs USD
SEK 1.13
AUD 1.00
CHF -0.05
JPY -0.60
Risk appetite returned to the market overnight following the release of positive data in Japanese manufacturing. The dollar fell against most majors as investors grew optimistic. The EurUsd gained 36pts after finding support at 1.40, while the UsdJpy gained 60pips to the upper range of 95. The GbpUsd was one of the strongest movers after .80% momentum drove the cable near 1.65 as a major point of…

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Read more on Japanese Yen (JPY) at Wikinvest

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