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Friday, March 31, 2023

Technical: USDJPY loses ground with Risk-On sentiment

Forex Factory
 
 
Alert Alert Mar 31, 2023, 1:34pm
 
Technical: USDJPY loses ground with Risk-On sentiment
The overall risk appetite in the market has increased this week following the news that the banking sector's issues appear to have been resolved. As a result, the Japanese Yen's status as a safe haven currency may have been hurt in this risk-on market environment. Paired with the renewed recovery in strength in the DXY, this has led to the USDJPY bouncing ...
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