Yen Recovers as Japan Breaks Silence on Currency Depreciation, Euro Awaits PMI Data
Japanese Yen saw a modest recovery today after briefly dipping below the 153 mark against Dollar, as Japanese officials finally broke silence on the currency’s recent decline. Finance Minister Katsunobu Kato stated that the government is closely monitoring exchange-rate movements with “heightened vigilance, including for any speculative moves.” He reiterated the need for exchange rates […] The post Yen Recovers as Japan Breaks Silence on Currency Depreciation, Euro Awaits PMI Data appeared first on Action Forex.
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Japanese Yen saw a modest recovery today after briefly dipping below the 153 mark against Dollar, as Japanese officials finally broke silence on the currency’s recent decline. Finance Minister Katsunobu Kato stated that the government is closely monitoring exchange-rate movements with “heightened vigilance, including for any speculative moves.” He reiterated the need for exchange rates […]
The post Yen Recovers as Japan Breaks Silence on Currency Depreciation, Euro Awaits PMI Data appeared first on Action Forex.
