Japanese Yen Gains as Risk Appetite Wanes, Domestic Data Supports

Jun 12,2019 19:08   Source:Earnforex
The Japanese yen gained today as risk appetite of investors was waning, making them more interested in buying safer currencies, like the yen. Domestic macroeconomic data was also supportive for the Japanese currency. Japan’s Cabinet Office reported that core machinery orders rose by 5.2% in April from the previous month after rising 3.8% in March. That is instead of falling 0.8% as analysts had predicted. The Bank of Japan reported […]

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