Thursday, November 18, 2010

JPY: Yen is almost completely gone from the radar of the forex market


The yen is almost completely gone from the radar of the forex market over the past few sessions, that Tokyo will undoubtedly be welcomed. USD / JPY pair has remained above 83 this morning, despite the fact that the dollar weakened slightly against other major currencies last night. Yen figures were the worst among major currencies, as well as among all the Asian currencies since the beginning of this month. For example, it has lost nearly 4% against the yuan since the end of October. It is no wonder that Tokyo is so quiet in those days.

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