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JPY Daily News

Yen Sees Mix Results against the Majors

Tuesday, 29 Jun 2010

The Yen completed yesterday's trading session with mixed results versus the other major currencies. The JPY was virtually unchanged versus the USD yesterday, and closed its trading session at around the 89.40 level. The JPY also saw bullishness against the EUR as it jumped around 100 points to close at 109.70.

As for today, Japan will be absent from the economic calendar. The JPY's trends will be affected by the rallies of its primary currency pairs. It seems the USD and CHF are expected to continue a volatile trading session today, and their crosses with the JPY will likely be as well. Traders should pay attention to the news coming from the U.S. and Europe as these economies will be the deciding factors in the JPY's movement today. Focus should be especially given to the U.S. Consumer Confidence report at 14:00 GMT.

Current Time: 05/27 05:15 GMT
# Time $€£¥ Event Per. Prev. Fore. Act. Imp.
06/29
00:15JPY+ Manufacturing PMI54.7--1
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