Thursday, 2 June 2016

Yen soars to two-week high vs. dollar after BOJ comment

The yen gained against its rival currencies during Asian trading Thursday, in the wake of comments by a Bank of Japan board member and as Tokyo stocks fell.

The U.S. dollar USDJPY, -0.26%  fell to as low as ¥108.82, its weakest level since May 18, before rising to ¥109.27. This compares with ¥109.53 late Wednesday in New York.

The euro EURJPY, -0.17%  softened to ¥122.29 midday in Tokyo from ¥122.50 late Wednesday, while the U.K. pound GBPJPY, -0.12%  was trading at ¥157.65 from around ¥157.90. The Japanese currency also strengthened against the Australian dollar and the New Zealand dollar.

For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my 

No comments:

Post a Comment