Three things driving the JPY you should know about.

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Yen

The yen has three main movers that you need to know about. 

1. The Japanese Yen is typically traded as a safe haven currency. In times of disaster, uncertainty. or poor global trade outlook (like the US-China trade war) the Yen finds buyers. 

2. This is the other side of the coin of being a safe haven currency. When the market is feeling confident and optimistic (Stocks rallying) , the YEN finds sellers and it weakens. So, the JPY operates as a risk currency that traders rotate into and out of depending on the mood of the day.

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