Yen Rises, Markets Ponder Upcoming BoJ; Stocks Higher, US Dollar Lower; Gold, EUR/USD Reach New Multi-Month Highs
Today’s Tokyo session saw the Japanese Yen, the Euro, and Gold reach new multi-month highs against the US Dollar, although the Dollar recouped some of its losses towards the end of the session.
These assets are attractive to long-term trend traders in the long direction right now, as higher prices here are likely over the coming days.
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