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Sterling Powers Up While Yen Accelerates Lower, Dollar Shrugs Retail Sales Sterling steals the show this week breaking through key resistance levels the Japanese Yen, and a near term low against Euro too. Dollar is trying to strengthen against Euro and Swiss Franc on strong retail sales, but momentum is sluggish elsewhere. There is no change in the selloff in Yen, just some more accelerations.
CAD, AUD, NZD Rise in Risk-on Markets, JPY Selling in Force Commodity currencies rise broadly this week on the back on risk-on sentiments.
Yen Selloff Accelerated on Strong Energy and Commodity Rallies Yen's selloff accelerated rather steeply last week, on the back of surging commodity and energy prices.
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