USD/JPY: demand for the Yen has grown

Forex analytics: Today, the pair USD/JPY has opened trading day with the gap down by 50 points against closing price last Friday. The decline was caused by the failure to reach agreement in Doha last Sunday. Investors now prefer safe-haven currencies, such as the Yen.The pair fell from the level of 107.75, closely approaching 18-month lows at the level of 107.65, which was reached on 11 April.However, the ...