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JPY Daily News
JPY Gains versus EUR, GBP
Tuesday, 23 Nov 2010
The USD/JPY continues its recent range trading, staying comfortably between 83.00 and 83.60. The Japanese currency, however, made great gains versus the EUR and the Pound Monday, gaining over 150 pips against both currencies. The yes is perceived as safe haven currency and tends to benefit greatly in times of financial uncertainty as is the current situation in the euro-zone; with the euro dragging other riskier currencies down with it, the yen benefits.
With a bank holiday in japan today, no news is expected from the region. Traders should follow, however, any news release from the euro-zone and the U.S, as well as any new developments regarding the Irish debt crisis as these will likely have great effect on the JPY.
Current Time: 05/27 03:00 GMT
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Print| # | Time | $€£¥ | Event | Per. | Prev. | Fore. | Act. | Imp. |
|---|---|---|---|---|---|---|---|---|
| 11/23 | ||||||||
| 10:30 | JPY |  BoJ Gov Shirakawa Speaks | * | * | * |  | ||
