USD/JPY: forecast for Sept. 4-8

Japanese yen has been influenced by tensions between the US and North Korea. It gained as a safe haven it the beginning of the week after North Korea fired a missile over Japanese territory on Tuesday. USD/JPY fell to 108.25 before recovering to the 110.50 area. During the weekend North Korea claimed to detonate a hydrogen bomb, so the week opened with a small gap down.


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