Italy Unemployment came in at 12%, below expectations (12.6%) in July

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Sep 1, 2015

USD/JPY extends the drop below 120, risk-off sentiment intensifies

The USD/JPY pair keeps falling in the European morning, unable to resist the 200-DMA, as the prevailing risk-aversion continues to benefit the Japanese yen as European traders digest the latest weak China data amid ongoing sell-off in the European indices.

Italy Unemployment came in at 12%, below expectations (12.6%) in July

USD/JPY extends the drop below 120, risk-off sentiment intensifies

Greece Markit Manufacturing PMI rose from previous 30.2 to 39.1 in August