Yen on defensive as danger appetite revives

As it stated in The secure haven ¥ sagged on Tuesday, as optimism which the U.S. & China can start negotiations on trade helped easiness worries about a trade war, bolstering request for riskier assets. Chinese First Li Keqiang told on Monday it & the U.S. ought maintain negotiations, reiterating promises to easiness access for American businesses. With the ¥ on the defensive, the $ rose 0.2 per cent to 105.59 yen. The euro rose 0.2 per cent against the ¥ to 131.49 ¥ , after surging 1.4 per cent on Monday for its biggest one-day percentage earn ever June 2017. The gains in some of its great rivals & the company tone of developing market currencies helped weight on the greenback.

FOREX-Yen slips as easing trade fears revive danger appetite

Shutterstock photo* secure haven ¥ slips as danger appetite recovers* Fears of universal trade war recede* Euro firmer compare ¥ after surging 1.4 pct on Monday (Updates prices)SINGAPORE, March 27 (Reuters) - The secure haven Japanese yensagged on Tuesday as optimism which the U.S. & Chinacould start negotiations on trade helped easiness worries about atrade war, reviving request for riskier assets. urn:newsml:reuters.com:*:nL3N1R81BBThe receding worries over U.S.-China trade tensions whettedinvestor appetite for riskier assets. The yen, often viewed as a secure haven currency in times ofmarket turbulence & economic uncertainty, partially because ofthe resilience provided with Japan's current account surplus,retreated because of the revival in Businessman danger appetite. The euro rose 0.2 % against the ¥ to 131.53 yenEURJPY=R , after surging 1.4 % on Monday for its biggestone-day percentage earn ever June 2017. Against the dollar, the euro rose 0.1 % to $1.2454EUR= , clinging near Monday's high of $1.24615, which was theeuro's strongest standard ever mid-February.

FOREX-Euro hits new five-week high as danger appetite creeps back in

as mentioned in However, the euro's rally had run through steam in recent weeks, partially due to trade tensions. Elsewhere, the secure haven ¥ sagged as optimism which the U.S. & China can start negotiations on trade helped easiness worries about a trade war. Reports of behind-the-scenes talks among the U.S. & China have eased worries for this day which universal trade frictions can escalate through control. The offshore yuan strengthened to a high of 6.2364, the firmest standard ever Aug. 11, 2015. The Malaysian rinngit chock a two-month high of 3.8700 per U.S. dollar.

FOREX-Euro gains as danger appetite returns; kiwi flies

But cracks widened, by the $ plumbing to a 16-monthlow against the ¥ JPY=EBS to 104.56 earlier & wastrading slightly above which low at 105.11 yen. urn:newsml:reuters.com:*:nL3N1R81BBU.S. stock futures ESc1 were up 1.4 % in Londontrade after great U.S indices fell sharply on Friday. Against a broad basket of its rivals, the $ .DXY edged 0.3 % reduce after final week's 0.8 % fall. urn:newsml:reuters.com:*:nL3N1R22HXThe prime minister's "Abenomics" economic measures have beena factor in pulling the ¥ drop over the past few years to thebenefit of Japanese exporters. Any event which leads to a declinein his backing ratings Information Systems seen weakening his ability to keepAbenomics in place.

collected by :John Locas