Japanese Yen hangs near daily low against USD, focus remains glued to US NFP report

BY admin admin

The Japanese Yen (JPY) rallied over 3.5% intraday, to its strongest level in four months against the US Dollar (USD) after Bank of Japan (BoJ) Governor Kazuo Ueda spoke about options when considering a move away from negative interest rates on Thursday.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

GBP/USD could drop back to 1.2290 perhaps 1.2250 – ING

The latest comments by BoE Chief Economist Huw Pill could hold Sterling back, in the view of economists at ING.

Forex

Coinbase Commerce Scores 8,000 Retailers, $200M in Transactions

Commerce product lead said activity in the network wasn't impacted by the chaos triggered by the novel coronavirus.

Forex

USD/CNY: Chinese authorities are trying to draw some kind of line in the sand near 7.35 – ING

The People’s Bank of China (PBoC) cut the one-year loan prime rate (LPR) by 10 bps to 3.45%. Economists at ING analyze Yuan outlook after modest Chine

Copyright © 2024 | WordPress Theme: Xews Lite