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JPY Daily News
Yen Declines as Demand for Safe Currencies Wanes
Wednesday, 28 Sep 2011
The Yen declined as global stocks rallied on optimism European leaders will soon agree on measures to attack the debt crisis, damping demand for safe currencies.
The yen has strengthened against all its 16 major counterparts this month, prompting concern Japan will intervene in the market and devaluate the currency.
If current market optimism continues today, the Yen will likely continue to decline.
Current Time: 05/27 00:44 GMT
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Print| # | Time | $€£¥ | Event | Per. | Prev. | Fore. | Act. | Imp. |
|---|---|---|---|---|---|---|---|---|
| 09/28 | ||||||||
| 00:50 | JPY |  Retail Sales | y/y | 0.7% | -0.6% | - |  | |
