JPY reveals strength, EUR weakness, Australian non-mining economy lifting, tight USA labor market

Posted on June 3rd, 2016

JPY gains on what should have been entirely anticipated Abe comments this week suggest there remains strong underlying demand for the currency and power in its rising-trend.  USD/JPY may bounce on further central bank policy divergence, but sustained gains look more elusive for the time being.  EUR on the other hand looks weaker, unable to […]