JPY is flat against USD – Scotiabank
The Japanese Yen (JPY) is trading flat against the US Dollar (USD) and underperforming all of the G10 currencies in an environment of sentiment-driven USD weakness, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. JPY is a relative underperformer in pro risk trade “The JPY’s relative performance is understandable in a risk-on environment, reflecting the yen’s risk…











