{"id":9901,"date":"2010-06-02T08:30:52","date_gmt":"2010-06-02T12:30:52","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9901"},"modified":"2010-06-02T08:30:52","modified_gmt":"2010-06-02T12:30:52","slug":"yen-continues-to-fall-as-safe-haven-status-questioned","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/06\/02\/yen-continues-to-fall-as-safe-haven-status-questioned\/","title":{"rendered":"Yen Continues to Fall as Safe-Haven Status Questioned"},"content":{"rendered":"<p><strong>By <\/strong><strong><strong><a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex    Yard<\/a><\/strong> &#8211; <\/strong>Following last night&#8217;s news that the Japanese Prime Minister will be  resigning, the Yen has continued to fall against its major counterparts  in morning and afternoon trading.  The U.S. Dollar has made considerable  gains on the Yen, and is currently up over 100 pips from this morning  alone.  Currently, USD\/JPY is trading around the 112.65 level.  Despite  the sovereign debt issues that have been plaguing the Euro-zone as of  late, even the Euro has been able to move up against the Yen.  Since  this morning, EUR\/JPY has increased from 111.49 to its current level of  112.55.<\/p>\n<p>With regards to the rest of the day, traders will want to pay  attention to the U.S. Pending Home Sales report set to be released at  14:00 GMT.  Analysts are forecasting a slight drop in home sales from  last month.  At the same time, overall growth in the U.S. housing sector  means that if the indicator comes in at the forecasted 4.9%, the  greenback should make gains on its major counterparts.<\/p>\n<p><strong><em>Forex Market Analysis<\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex   Yard.<\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and   may not be suitable for all investors. There is a possibility that you   could sustain a loss of all of your investment and therefore you  should  not invest money that you cannot afford to lose. You should be  aware of  all the risks associated with Foreign Exchange trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Forex Yard &#8211; Following last night&#8217;s news that the Japanese Prime Minister will be resigning, the Yen has continued to fall against its major counterparts in morning and afternoon trading. The U.S. Dollar has made considerable gains on the Yen, and is currently up over 100 pips from this morning alone. Currently, USD\/JPY is &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/06\/02\/yen-continues-to-fall-as-safe-haven-status-questioned\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Yen Continues to Fall as Safe-Haven Status Questioned&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-9901","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=9901"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9901\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}