Search result for Japanese yen
Another billion-dollar intervention is being discussed as the value of the Japanese yen continues to decline.
After crossing that threshold at the end of last month for the first time since November, the Japanese yen traded just above 140 against the US dollar on Monday.
The yen fell to levels last year that had not been seen since 1990 when Japan's Finance Ministry intervened to support th...
EURO-DOLLAR VOLATILITY IS ON ONE YEAR HIGH
Highlights:
- Euro-dollar volatility is at 6.6%, highest in a year.
- Japanese yen regained its safe-haven status after slumping for a week.
- Euro gained 0.3% and settled at $1.1028.
The global market in on a slump due to the f...
Euro and Japanese yen largely held gains against the dollar this week
LONDON, Dec 3 (Reuters)— Tuesday's euro and Japanese yen largely held gains against the dollar this week after deceiving U.S. production data and signals of new fronts. The trade war of President Donald Trump frightened greenback investors.
Nevertheless, fluctuations in curren...