Japanese Yen sticks to intraday losses; USD/JPY climbs further beyond 143.00 amid modest USD strength
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4 Articles
If you are going to Japan or doing business with this country, it is worth knowing the current yen exchange rate quotes. In this article, we show you how the exchange rate of the Japanese currency (JPY) changes on a daily and weekly basis. Based on this, it will certainly be easier to decide on the right time to exchange currency.
USD/JPY Analysis: Bears Put Pressure on Key Support - Action Forex
As shown on the USD/JPY chart, the pair is hovering near key support at ¥142.50 per US dollar. While demand was strong enough at the end of May to lift the exchange rate from this level to a peak around ¥146.00, USD/JPY has once again retreated to the ¥142.50 area. Why has USD/JPY declined? On […] The post USD/JPY Analysis: Bears Put Pressure on Key Support appeared first on Action Forex.
USD/JPY Analysis: Bears Put Pressure on Key Support
As shown on the USD/JPY chart, the pair is hovering near key support at ¥142.50 per US dollar.While demand was strong enough at the end of May to lift the exchange rate from this level to a peak around ¥146.00, USD/JPY has once again retreated to the ¥142.50 area.Why has USD/JPY declined?On one hand, the US dollar has weakened following disappointing economic data released yesterday. The figures revealed a sharp slowdown in private sector hiring…
Japanese Yen sticks to intraday losses; USD/JPY climbs further beyond 143.00 amid modest USD strength
The Japanese Yen (JPY) extends its steady intraday descent through the Asian session on Thursday, which, along with a modest US Dollar (USD) strength, lifts the USD/JPY pair to the 143.15 area, or a fresh daily high in the last hour.
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