How to trade the JPY?
Happy Friday, traders! Are you ready to trade at the end of the week? Here’s what you need to know before you start:
Greenback holds revenues in Asia after Paris shooting
On Friday, the evergreen buck rose moderately in early Asia trade, reacting to a suspected terrorist shooting in Paris ahead of the first round of the presidential election at the weekend, which sent jitters through the financial markets, although the common currency held revenues too.
One policeman was murdered and two suffered injuries after a gunman suddenly opened fire in central Paris, Thursday night.
The shooting occurred just before voters head to the polls in an extremely contested presidential race, including centrist Emmanuel Macron as well as far-right candidate Marine Le Pen, who lead the pack.
The US dollar index, estimating the greenback’s value against a trade-weighted basket of six main currencies, jumped 0.01%, getting to 99.72.
The currency pair USD/JPY hit 109.34, edging up 0.03%, while AUD/USD reached 0.7515, tumbling 0.15%. As for the currency pair EUR/USD, it was last quoted up 0.03%, being worth 1.0717.
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