JPY is strong, outperforming all of the G10 - Scotiabank

Ross J Burland FXStreet

Analysts at Scotiabank explained that JPY is strong, outperforming all of the G10 currencies along with CHF and climbing back toward Monday’s one month high.

Key Quotes:

"Sentiment appears to be dominating as JPY ignores the fresh highs in (bearish, adverse) short-term spreads and renewed widening at longer horizons. The broader tone will be crucial into Thursday’s U.S. holiday as the domestic calendar remains empty into the weekend."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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