BUZZ-JPY up small notch across board on Nikkei sales, risk off

By Kitco News / September 03, 2018 / www.kitco.com / Article Link


* Weak stock market forcing some investors to buy-back JPY across the board
* Not only USD/JPY but EUR/JPY and AUD/JPY sales also noted
* USD/JPY from 111.10 to 110.90 EBS, EUR/JPY from 129.01 to 128.77 EBS
* Even AUD/JPY hit, from 80.12 to 79.82, trend low yesterday 79.55
* Nikkei from 22,740 at open to 22,612 so far, at 22,662 -0.2% on day
* BoJ speculation also leading to JGB buys, possible more tweaks this week<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^Nikkei 225: USD/JPY: Yield on JGB 10s: ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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