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Major Yen crosses fall- GBP/JPY eyes 190 as EUR/JPY tests 160
The USD/JPY is just now hitting fresh session lows as this update is typed. That sees the USD/JPY fall close to the 157 handle and in the process carry the major Yen crosses lower with it. That has seen the EUR/JPY fall very close to 160 and the GBP/USD do the same with the 190 handle. This does all rather smack of a degree of risk aversion, as European stock losses mount and we see the same price action unfold in the US futures. The S+P 500 for example, is now pricing an opening around 5,770. The GBP/JPY is right now at 190.20
Market News
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Gold takes another hit
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Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
