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USD/JPY Trades Lower with Risk Aversion

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 8, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
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    The USD/JPY is continuing Monday’s selloff as investors opt for risk aversion following disconcerting comments from both Bernanke and Moody’s. Yesterday Bernanke stated that the U.S. economy still faces considerable headwinds. It seems Bernanke is attempting to dampen investor optimism stemming from Friday’s enouraging U.S. employment data. In addition to...

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