Japanese Yen strengthens due to broad risk-off sentiment

Note: This section contains information in English only.
Source: WBP Online
The FOMC's choice to keep its monetary policy unchanged in the previous week did not awake any appetite for risk. The Japanese Yen firmed over the mid-Asian session to trade 0.16% up at 119.76 per US Dollar. The currency is primarily profiting from the risk averse sentiment taking place throughout the markets. This, in turn, exerted its influence on stock markets as equity indices in Asia traded lower. 
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