Oct 21 2019

Japanese Yen Holds US Dollar Bulls near Top of Key Trading Band

The Japanese Yen seems to have repossessed the upper hand against the US dollar once more. Copious global uncertainties, crowned by the standstill Brexit process, conspire to fundamentally support anti-risk bets like the Japanese currency.

The British Pound soared to ascend to five-month highs against the Japanese unit last week as hopes sprung up of a Brexit deal passing Parliament.