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JPY Daily News

Yen Down Versus the U.S Dollar

Wednesday, 27 May 2009

The Japanese yen weakened as U.S. economic reports added to evidence the start of a recovery is near, reducing demand for safety. The JPY fell against 15 of the 16 most-active currencies after data showed U.S. consumer confidence climbed this month to the highest since September.

The JPY held declines against the Dollar after a government report showed the world's second-largest economy unexpectedly posted a trade surplus in April. The Yen bought 95.36 versus the dollar from 95.03. The Yen declined to 133.34 per EUR from 132.90 yesterday.

Current Time: 05/27 00:51 GMT
# Time $€£¥ Event Per. Prev. Fore. Act. Imp.
05/27
00:50JPY+ Retail Sales y/y-3.9% -3.2% -2.9%3
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