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JPY Daily News

Yen at a 7 Month high versus the Dollar

Monday, 28 Sep 2009

The Yen registered sharp gains Friday, breaching the significant Y90.00 barrier against the Dollar and reaching the highest levels versus the greenback in over 7 months. Japan's currency benefited from supportive comments from Japan's finance minister Hirohisa Fujii who said that he opposes intentional devaluation of the Yen.

The JPY advanced 1.8% this week to 89.64 per Dollar from 91.29 on Sept. 18, briefly touching 89.51 Friday, the strongest level since Feb. 5. The currency also gained 2% to 131.70 per ERU, from 134.33.

Current Time: 02/13 21:42 GMT
# Time $€£¥ Event Per. Prev. Fore. Act. Imp.
09/28
00:30JPY+ Tokyo Core CPI y/y-1.9%-2.0%-2.1%3
00:30JPY+ National Core CPI y/y-2.2%-2.3%-2.4%3
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