BECKHAM
12-04-2014, 04:41 AM
The Japanese Yen surged against major forex counterparts as the S&P 500 and Japanese Nikkei 225 tumbled. A rush to safety favored the JPY, and the fact that it trades at critical resistance (USDJPY support) suggests the week ahead could bring further volatility.
FOR MORE ... (http://www.dailyfx.com/forex/fundamental/forecast/weekly/jpy/2014/04/11/Whats-the-Risk-of-a-Much-Larger-Japanese-Yen-Breakout-.html)
FOR MORE ... (http://www.dailyfx.com/forex/fundamental/forecast/weekly/jpy/2014/04/11/Whats-the-Risk-of-a-Much-Larger-Japanese-Yen-Breakout-.html)