Daily Morning Call

From the Floor: Yen drops as markets switch to risk-on — #SaxoStrats

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May 02, 2017 bonds, commodites, earnings, equities, fx, michael boye, ole hansen, peter garnry, saxostrats, tradingfloor.com, usdjpy
A dramatic weakening in the Japanese yen reflects risk-on sentiment sweeping across global markets, and strong quarterly earnings are contributing to the overall strong tone.