May 14 2018

Japanese Yen Weaker As Risk Sentiment Remains Supportive

The Japanese Yen is currently the weakest against the British Pound and the Euro. The Yen sold off against the major currencies in the last week. Today, it is selling against all the major currencies once again.

Looking from a broader perspective the Japanese Yen is weakening thanks to rebounding risk sentiment. USD/JPY is currently trading above 109.40.