FX Note: JPY rides high on sudden market panic

Markets shift into panic mode and the JPY is taking a stick to the rest of the G-10 currencies. Commodity currencies are the hardest hit. What are we to make of this suddenly ugly situation?

Go to www.tradingfloor.com for Forex, equity and commodity markets.

Markets shift into panic mode and the JPY is taking a stick to the rest of the G-10 currencies. Commodity currencies are the hardest hit. What are we to make of this suddenly ugly situation?

Go to www.tradingfloor.com for Forex, equity and commodity markets.

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Translator
Markets
INDU 0.00    N/A
NASDAQ 2899.32    -6.34
S&P 500 1343.10    -1.80
^SSMI 6147.03    -6.28
^GDAXI 6764.83    -1.84
^FCHI 3405.27    -22.65
XAUUSD=X 1721.80    N/A
1970-01-01 14:31