USD/JPY dips below 147.40 as Greenback gets punched lower by broad-market risk bid

Share:

• The USD/JPY is down after shedding a full percent peak-to-trough from Tuesday’s high bids.
• The US Dollar accelerated losses as broader markets flip the switch on risk appetite.
• The USD/JPY is testing into last week’s lows just above the 147.00 handle.

The US Dollar (USD) is seeing broad-market declines on Tuesday as market sentiment lurches higher. The Greenback is down a full percentage point from Tuesday’s peak bids near 148.80 against the Japanese Yen (JPY), shedding half a percent from the day’s opening prices at 148.10.