Japanese yen noticeably inclined versus majors on improved data


(MENAFN– ecpulse)

Japanese yen noticeably gains versus most of peers during today’s Asian session amid the recent improved data in the world’s third largest economy, where Japanese jobless rate and consumer prices improved during the month July to spur the yen today.

Moreover, Japanese yen inclined versus American dollar today after the two-day losses, where the USD/JPY pair fell to record low of 97.149 after hitting high of 98.467, while the pair started today’s session at 98.305.

Japanese yen also fell versus euro after yesterday’s large losses, where the EUR/JPY pair shed to low of 130.019 from high of 130.215.  GBP/JPY pair fell to low of 152.281 from high of 152.521, as the pair opened today’s session at 152.463.

On the other hand, American dollar fell today after the recent raised demand on Japanese yen by investors, where the EUR/USD pair inclined to high of 1.32541 from low of 1.32330. 


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