Table of Contents
Affiliate Disclosure
Affiliate Disclosure adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

Risk Hungry Investors Forego Japanese Yen on U.S. Stock Rally

By: Barbara
The Japanese Yen again slipped broadly in trading as reported at 3:45 p.m. (JST) in Tokyo today, on the heels of a rally in Tokyo share prices; the average share price on the Nikkei gained nearly 3% following Wall Street’s climb yesterday. Investors regained some of their appetite for risk, and moved back into high risk currencies. The Australian Dollar, one such high yielding currency, neared 7-month highs against the Japanese Yen, as well as the U.S. Dollar. The AUD gained .5% to trade at 73.89 Japanese Yen, while against the U.S. Dollar, it rose .2% to trade at $0.7665. According to one senior foreign exchange manager in Tokyo, the Japanese Yen becomes vulnerable whenever the stock markets firm and high yielding currencies ultimately benefit.

The Wall Street rally yesterday also benefited the U.S. Dollar slightly, which gained .1% versus the Japanese Yen to trade at 96.37 Yen. All told the U.S. Dollar edged up more than 1% versus the Japanese currency in the United States on the stock market rally. Analysts believe that if the stock markets can continue the trend today, investors might be prompted to move back into high risk, high yielding currencies.

Most Visited Forex Broker Reviews