JPY Daily News

Yen Makes Gains Against its Major Counterparts

The Yen was able to make moderate to high gains versus its major counterparts yesterday, including the Euro and Dollar. Analysts largely attributed the Yen's gains to an increase in Japanese exports. While JPY reached a seven month low against the Greenback last week, the pair has since started to slowly retreat, and is currently trading around the 94.00 level. The Yen has seen a significantly higher gain against the Euro over the last 24 hours. EUR/JPY is currently trading at 126.22, down well over 100 pips since yesterday morning.
This week, traders will want to pay attention to the BOJ policy meeting, set to begin on Tuesday. While no dramatic changes are forecasted to take place, the meeting could provide valuable clues regarding the direction of the Japanese economy.

Current Time: 05/27 04:40 GMT

Add events to google calendar Mark all Unmark all Print

#	Time	$€£¥	Event	Per.	Prev.	Fore.	Act.	Imp.
04/06
	06:00	JPY	Leading Indicators		96.7%	97.9%	97.9%