Yen Rallies Against the Dollar on Weak US Retail Sales, Later Drops

May 15,2019 21:03   Source:Earnforex
The Japanese yen today rallied against the US dollar driven by the risk-off sentiment, which dominated markets from the early European session. The USD/JPY currency pair extended its losses in the early American session following the release of disappointing US retail sales report. The USD/JPY currency pair today fell from a high of 109.69 in the European session to a low of 109.13 in the early American session, but had recovered most of its losses at the time […]

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