Yen drops as risk sentiment recovers

Yen drops as risk sentiment recovers

On Wednesday, the Japanese yen declined, staying under pressure as risk sentiment improved and safe haven demand sagged, following the first round of the French presidential election.

The greenback grew 0.2%, hitting 111.30 yen. The major American currency contributed to the hefty revenues made on Tuesday, when it soared 1.2%, the greenback’s biggest one-day soar against the Japanese yen in three months.

Reduced worries over the French presidential elections along with upbeat American home sales data as well as optimism as for an expected tax reform announcement on Wednesday by Donald Trump, backed the greenback against the Japanese yen.

Due to the global bullish sentiment, the Nasdaq Composite reached a record peak on Tuesday. As for  the Dow Jones Industrial Average as well as S&P 500 brushed against recent highs, powered by strong corporate earnings.

The common currency soared 0.1%, hitting $1.0938. 


Bitcoin rebounds from $4k

Having hit $4,000 for the first time for six weeks on expectations that the US Securities and Exchange Commission will soon approve investment vehicles, which would broaden Bitcoin’s appeal, the number one crypto assets rebounded on Wednesday…

Latest news

Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera