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Yen is the best performer - Scotiabank

Analysts at Scotiabank explained that JPY is outperforming all of the G10 currencies, testing a fresh one month high vs. the USD. 

Key Quotes:

"JPY strength was observed through most of the Asian trading session with a notable whipsaw rally that coincided with the short-lived near-1.5% drop in the Shanghai composite. J

PY appears to be trading in tandem with the broader market tone, leaving it vulnerable to knee-jerk haven-driven gains in the event of a spike in risk aversion.

Near-term domestic risk lies with the release of industrial production data (11:30pm ET) however fundamentals appear to be taking a back seat to sentiment."

NZD/USD: heavy ahead of critical support on 0.7070/80

Currently, NZD/USD is trading at 0.7096, down -0.38% on the day, having posted a daily high at 0.7149 and low at 0.7076. NZD/USD has been performing
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FTSE 100, IBEX 35, CAC 40, DAX; profit taking or a bad day?

PM May's speech and Trump's inauguration seem to take the spotlight in financial markets this week. Meanwhile, traders and investors all over the worl
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