Japanese Yen Continues Record Breaking Safe Haven Run
Feb, 24th 10:34
The Japanese yen has proved to be a safe haven during recent market turmoil as it appreciated against most of the majors including the dollar and the euro. Yesterday, USDJPY continued falling from the peak of 114.875, the highest since February 16, to as low as 111.773. The pair has lost 1.4% since the beginning of the week. USDJPY is expected to consolidate higher on prospect of positive data from U.S housing markets tonight.
Buy Digital Call Option at 112.400 and Digital Put Option at 111.400.