close
|

JPY Daily News

Yen Declines on Improved Market Sentiment

Thursday, 13 May 2010

The Yen dropped against 12 of its 16 major counterparts in today's early Asian trading as Asian stocks rose ahead of a report forecasted to show unemployment claims in the U.S. fell. As signs the global economy is recovering, demand for the Japanese currency dampens as investors turn to higher yielding assets.

Japan's currency fell to 117.84 per EUR from 117.62 in New York yesterday. The JPY is at 93.19 per Dollar from 93.24. Australia's Dollar was at 89.77 U.S. cents from 89.36 cents. It traded at 83.43 Yen from 83.32 Yen. The New Zealand Dollar rose 0.4% to 71.69 U.S. cents. It advanced 0.3% to 66.71 yen.

Current Time: 05/27 00:47 GMT
# Time $€£¥ Event Per. Prev. Fore. Act. Imp.
05/13
06:00JPY+ Economy Watchers Sentiment47.447.849.81
07:00JPY+ Prelim Machine Tool Orders y/y262.2%--1
Full FOREXYARD calendar

Open Live Account Open Demo Account

Feedback Feedback Close