USD/JPY briefly touches below 108.00 but still trading near day's lows
Commodity currencies are starting to lag behind and the yen and swissie are leading the major currencies bloc, as European equity futures are at odds with how most Asian equities have performed today.
That's helping the yen to extend gains on the day, putting pressure on all yen pairs. USD/JPY touched below 108.00 for a moment, EUR/JPY hovers near 133.00, while GBP/JPY continues to extend its fall below 150.00 - now at 149.62.
If this is a taste of what is to come, then again, today will be another day driven by risk sentiment.
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