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Yen remains volatile

We’ve seen a modest reversal in the yen overnight after the move below 110 on USDJPY appeared to trigger a wave of stops to below the 108 level as longer-term positions were shaken out of the market. Comments from Finance Minister Aso overnight referred to the undesirability to rapid yen movements, referring to recent movements The ...

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See tell-tale sign of market turning around: Pramerica

However, the silver ... our focus remains on the private sector banks, capital goods industries, some of those companies who will benefit on account of the lower commodity prices. Also we have added the IT sector because of the weakness in the currency ...

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