Forex Trading: Japanese Yen Softens Up Behind Nikkei Strength

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Forex Trading: Japanese Yen Softens Up Behind Nikkei Strength

By Greg Michalowski on April 9, 2009 | More Posts By Greg Michalowski | Forex News By FXDD

The JPY is softening up across the board as the Nikkei (^N225) is just off session highs. As the Nikkei jumped up over 3%, the USD/JPY is creeping back up to session highs and is just under the 100 handle thanks to some risk appetite from traders. With the major European equity futures currently positive, we’ll see if the JPY remains weak…

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