USD/JPY recovers and hover around 113.60

A positive market sentiment hurt safe-haven currencies on Thursday, but the U. S. dollar versus the Japanese Yen reaped gains and recovered Wednesday’s losses.

USD/JPY began on the right foot in the Asian session; advanced 0.01% and was trading at 113.70 during the day.

On Thursday, financial markets witnessed appetite towards riskier assets, depicted by US equity indexes, finishing in the green, following European stocks footprints.

In the Forex Market, the U. S. dollar weakened together with safe-haven currencies, while the US 10-year T-bond yield fell three basis points, to end at 1.516%.

Despite all those factors, the U. S. dollar gained grip against the Japanese Yen, reversing the Wednesday price move when the pair threatened to break under the 113.00 figure.