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USD/JPY reclaims 157 at the second time of asking
The USD/JPY is just now rising back above the 157 handle. That is something which it tried earlier and failed to do, when it initially rejected a rebound back above the earlier, noted breakdown level at 156.96. The move higher is adding further pressure onto Gold. The metal has just this minute dropped to fresh session lows, underneath $2,390. The push higher in the USD/JPY comes as tech stocks continue to rebound and the whole risk vista looks more positive than it was earlier this morning. The USD/JPY is currently trading at 157.02
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