Forex: USD/JPY falls to 97.30 and rebounds to 97.55
FXstreet.com (Córdoba) – Dollar weakness continues across the board. Greenback is falling against majors including the Yen. USD/JPY broke below 97.70 and fell to 97.30 (fresh intra-day low). The dollar rebounded then to 97.60. Current price is around 97.50/60 which is 0.70% below the opening price. Since the opening bell in Wall Street the pair has fallen more then 70 pips.
Against European currencies, the Yen is losing ground, specially to the Pound. GBP/JPY is above 161.50 and topped today at 162.02 reaching a fresh 7 month high. The pair is heading toward the highest daily close since October 12.
For more information, read our latest forex news.
|
Google
Facebook
Live
del.icio.us
MySpace
Digg
Email to a friend
Comments (0 posted):
Post your comment