Yen rose on surged demand, dollar compensate its losses


(MENAFN– ecpulse)

Japanese yen inclined today amid the recent boosted outlook for the world’s third largest economy and supported monetary policies, while American dollar inclined today versus most of peers to compensate its yesterday’s losses.

American dollar inclined today versus dollar, where the EUR/USD pair recorded low of 1.33684 from high of 1.33897, while the pair started today’s session at 1.33772.

Meanwhile, Japanese yen noticeably inclined versus euro, where the EUR/JPY pair fell to 131.362 after hitting its high at 131.473 from 131.472.

USD/JPY pair traded in narrow range during today’s Asian session, where the pair currently falls to record low of 98.032 from high of 98.342, where the pair started today’s session at 98.269.

Australian and New Zealand’s dollar both fall versus American dollar, where the AUD/USD pair fell to low of 0.89671 from high of 0.90092, while the NZD/USD pair records low of 0.78044 from high of 0.78402.


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