| Forex News Center | | | JPY News Archive |
JPY Daily News
JPY Free Fall Continues
The Japanese Yen saw a bearish trading session yesterday, losing ground against most of its currency crosses. The JPY fell against the EUR and closed at 101.90, while the GBP/JPY cross also rose to around 118.30.
The JPY's trends will be affected by the rallies of its primary currency pairs today. It seems that the USD and EUR are expected to continue a volatile trading session today, especially against the Japanese currency. 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, especially the ADP Non- Farm Employment Change at 12:15 GMT. It is also advisable for traders to follow any unexpected comments coming from key Japanese governmental figures, as this is also likely to lead to further JPY volatility.
Add events to google calendar
Mark all
Unmark all
Print
