April 30th 2019: Yen in Control as Traders Eye Safe Harbours

Morning Report: 07.00 London The Japanese yen is in demand today on the day of the Emperor’s abdication. This comes after Chinese Manufacturing PMI and Chinese Caicin Manufacturing PMI both slumped below expectations, raising fears of a global economic slowdown. The USD/JPY is reversing yesterday’s losses and is sitting below the 111.50 level. The EUR/JPY […]