Forex Flash: USD/JPY waits for Greece before rising further - Commerzbank (Barcelona) - Commerzbank analysts believe the USD/JPY is quickly re-estrablishing itself above the 80.00 mark on eased disappointment about a lack of measures on the part of the BoJ following the last rate meeting, but that the pair is kept from further gains mainly by the concerns about Greece at present. “Despite all Japan’s own problems the JPY remains in demand as a safe haven. However it remains true also in this case: once Greece is saved there is nothing to prevent a further rise”, wrote analyst Lutz Karpowitz.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.