The USD/JPY pair extended its bullish move in the NA session and refreshed its daily high at 109.00 as the traditional safe-haven JPY is struggling to find demand amid increasing risk appetite. As of writing, the pair was trading at 108.98, gaining more than 100 pips, or 1.1%, on the day. On the back of easing tensions between North Korea and the United States and a less-than-expected damage by Hurricane Irma, major equity indexes in the U.S. started the day higher and gathered momentum. At the moment, the Dow Jones Industrial Average was gaining more than 1% while the S&P 500 was up 0.9%. US stocks surge at open as ... (full story)