The Japanese yen saw a massive surge across the board through Friday’s Asian session; but this momentous move would ultimately be unwound before volatility receded for the weekend. Now traders are left to wonder whether this was the sign of a bigger fundamental shift behind the carry strategy’s perennial funding currency or a errant technical move that has altered the fundamental future of the key FX safe haven.Dollar Losing Its Safe Haven Status As Risk Rises And Returns Plunge
Has risk sentiment taken a significant turn for the better or is the dollar losing its status as a safe haven currency? This is the fundamental question for dollar traders and even to those market participants in other currencies and securities.ForexGen.com is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.
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