26 Mar 2015
JPY and CHF benefit from increasing risk aversion – TradeTheNews
FXStreet (Barcelona) - The TradeTheNews Team comments that increasing risk aversion after Saudi led air strike in Yemen is benefitting JPY and CHF.
Key Quotes
“The JPY and CHF currency pairs benefited from risk aversion stemmed by the spike in oil prices and recent soft US economic data.”
“USD softer while oil and precious metals are bid due to the situation in Yeman and the Saudi-led airstrikes inside the country.”
“USD/JPY at 1-month low below 118.40 while EUR/USD inched above the post FOMC high of 1.1043.”
Key Quotes
“The JPY and CHF currency pairs benefited from risk aversion stemmed by the spike in oil prices and recent soft US economic data.”
“USD softer while oil and precious metals are bid due to the situation in Yeman and the Saudi-led airstrikes inside the country.”
“USD/JPY at 1-month low below 118.40 while EUR/USD inched above the post FOMC high of 1.1043.”