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JPY Daily News

Foreign Influence over the Yen will Likely Continue Today.

Monday, 3 Oct 2011

The Yen completed yesterday's trading session with mixed results versus the other major currencies. The JPY was broadly unchanged versus the EUR yesterday and closed its trading session at around the 103.60 level. The JPY also saw bearishness against the GBP as it fall around 100 points and closed at 119.60.
As for today, Japan will be absent from the economic calendar. The JPY's trends will be affected by the rallies of its primary currency pairs. It seems the USD and EUR are expected to continue a volatile trading session today and their crosses with the JPY will likely be as well. Traders should keep a close look on the news coming from the U.S. and Europe as these economies will be the deciding factors in the JPY's movement today.

Current Time: 05/27 01:09 GMT
# Time $€£¥ Event Per. Prev. Fore. Act. Imp.
10/03
00:50JPY+ Monetary Base y/y15.9%16.3%16.7%1
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