USDJPY: Japanese Yen reverses some gains, USDJPY rises
The Japanese yen USDJPY rose 0.6% on Monday, although trading volumes in the currency were limited due to a market holiday in Japan.
The rate is inversely linked to the strength of the yen, which has fallen sharply from a 34-year high of more than 160 yen last week amid signs of repeated government intervention in currency markets.
But given that the fundamentals behind the yen's weakness - primarily the wide gap between US and domestic interest rates - remain, the yen's decline continues.
The rate is inversely linked to the strength of the yen, which has fallen sharply from a 34-year high of more than 160 yen last week amid signs of repeated government intervention in currency markets.
But given that the fundamentals behind the yen's weakness - primarily the wide gap between US and domestic interest rates - remain, the yen's decline continues.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.